October 16th, 2019
Firstmac has cut its variable rate home loans for existing customers by 0.15% following the Reserve Bank’s decision to reduce the official cash rate.
The reduction for existing customers will be effective from tomorrow, October 17 and will be reflected in any loan repayments made from that date.
Also effective from tomorrow: New business rates have also been reduced by up to 0.20% with the Broker special Basic Owner occupied, P&I starting from 2.99% p.a.
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