Variable home loans – the new battleground for banks

While fixed home loan rates are largely on the rise, an increasing number of lenders are cutting variable rates in a bid to win new customers.

Home loan rate wars reignite as ANZ cuts its lowest variable rate

Australia’s fourth largest lender has cut its lowest variable rate back down to 2.29 per cent, but only for new customers.

Fixed-rate mortgage cliff: how high will repayments jump for millions of borrowers?

Currently around 38% borrowers are locked into an ultra-low fixed-rate mortgage, however, their rates could more than double when their fixed terms expire.