ANZ and sister bank the National Bank have trimmed two to five year fixed mortgage rates by between 5 basis points and 15 basis points.
(Update adds National Bank cuts).
ANZ has cut its two-year rate by nine basis points to 6.70% from 6.79%, its three-year rate by five basis points to 7.15% from 7.20%, four-year by 15 basis points to 7.45% from 7.60%, and its five-year rate by five basis points to 7.70% from 7.75%.
The National Bank dropped its two-year rate by 6 basis points to 6.69% from 6.75%, three-year rate by 5 basis points to 7.10% from 7.15%, four-year rate by 10 basis points to 7.45% from 7.55% and five-year rate by 9 basis points to 7.70% from 7.79% .See all bank mortgage rates here.
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