Another big four bank drops variable interest rates, despite RBA freeze

ANZ has joined the Commonwealth Bank and NAB in dropping its variable home loan interest rate, despite Reserve Bank (RBA) indications that an official interest rate cut remains months away.

The bank already had the lowest advertised variable rate out of the big four banks.

ANZ's new rates on its Simplicity Plus and ANZ Plus loans for new customers of 6.39 per cent and 6.09 per cent respectively consolidate this lead.

To know more: https://www.9news.com.au/finance/anz-cuts-interest-rates-joins-commonwealth-bank-nab-despite-reserve-bank-freeze/dc96fe10-f167-423c-abfb-1123c094fa38