Home loan Interest Rates Succumbing

With some economists picking a cut in the official cash rate on the 4th of December of as much as 1%, home loan interest rates have started to come down in anticipation.

Westpac lead the way yesterday with their 6 month fixed interest rate now at 7.65%.

ASB is following tomorrow with a 6 month fixed interest rate of 7.35%.

great news for mortgage holders :-0