Record low rates

The West Australian - - NEWS -

Home loan cus­tomers should ur­gently re­view their mort­gage to ben­e­fit from rock-bot­tom deals as dozens of lenders con­tinue to cut rates, a com­par­i­son web­site says.

De­spite the cash rate rest­ing at a record low of 1.5 per cent since Au­gust last year, 23 lenders have cut owner-oc­cu­pier vari­able home loan rates since July 1.

Fi­nan­cial com­par­i­son web­site Mozo’s data­base shows more than 66 lenders now of­fer rates be­low 4 per cent.

So­phie Elsworth

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