Via Banking Day:
Several lenders announced cuts to their home loan rates last week, with the number of lenders offering rates below 3 per cent growing.
ANZ cut home loan and deposit rates. On the home loan front, for borrowers with loan-to-valuation ratios of 80 per cent or less, ANZ cut the rate on its basic variable home loan (Simplicity Plus) by 12 basis points to 3.12 per cent.