Home Loan rates lowest in history following RBA announcement
Online lender Reduce Home Loans immediately passes the 0.25% rate cut on all variable products, with rates as low as 3.19%p.a. variable, following the Reserve Bank of Australia’s announcement on Tuesday of a 0.25% rate cut to the official cash rate, meaning home loans are dropping to the lowest rate in lending history.
The lender’s most popular Owner Occupier product, Rate Slasher Variable, has been cut to an all-time low of 3.19%*p.a. variable and comparison rate for a limited time if enquiries are approved by 30 June 2019.
Josh Beitz, General Manager of Reduce Home Loans said, “No doubt we will see interest rates hitting an all-time low this week, which is great news for purchasers and home owners, and Reduce wants to be there for all Aussies to help them achieve the Australian Dream of owning their own home or investment property with our lowest ‘flagship’ rates ever,”
Australians seeking home loan lending are challenged to find a lower interest and comparison rate than Reduce Home Loans’ Rate Slasher product.
There’s never been a better time to buy or refinance.