Original article by Clancy Yeates
The Australian Financial Review – Page: 16 : 23-Nov-15
Data from RateCity shows that 11 Australian mortgage lenders have reduced their three-year fixed interest rates since early November 2015. Peter Arnold of RateCity notes that the majority of these lenders have passed on interest rate cuts to both owner-occupiers and property investors. Meanwhile, Jessica Darnbrough of Mortgage Choice says the number of customers opting for a fixed-interest loan fell to a four-year low of 13.9 per cent in October.
CORPORATES
RATECITY PTY LTD, MORTGAGE CHOICE LIMITED – ASX MOC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED