Banks target owner-occupiers with interest rate deals

​As banks put the brakes on lending to property investors, borrowers buying a house to live in are being offered some of the sharpest deals in the market. Owner-occupiers are being targeted with lower advertised interest rates and cash-back offers, and mortgage brokers say these customers can also negotiate bigger interest rate discounts. RateCity figures show a significant gap opening up between the interest rates charged…
Read more

Banks including NAB, ANZ offer mortgage brokers new deals to attract home buyers

Banks are offering mortgage brokers lucrative cash incentives and improved terms to encourage home buyers to apply for their loans or switch lenders. Many lenders are also offering home buyers' lower rates across their range of mortgage products. The spread between highest and lowest rates on offer across standard variable and fixed-term products up to…
Read more