With ANZ following in the footsteps of NAB, CBA and Westpac in raising their Variable Rate interest rates, this means that all of the ‘big four’ have increased their rates independently of an RBA decision.
Outside of the ‘big four’ there is a huge amount of competition between lenders and credit unions, with some offering variable rates as low as 3.99% with no application or ongoing fees.
This makes it the perfect time to think about shopping around, comparing other lenders rates to yours or speaking to a mortgage broker.
Not only can Mortgage Choice help you find a rate and product that suits you, from our wide choice of lenders, with expert advice at no cost to you, but if you settle a home loan worth at least $150,000 with us by 31 January 2016, you'll have the chance to win $50,000 cash.
For further information, and to put yourself in the best position with valuable information and guidance, contact a trusted consultant from Mortgage Choice on 07 3286 7711.