Bookmark Article
Banks, including Westpac, have begun reducing mortgage rates following the Reserve Bank’s cut of the Official Cash Rate from 3.25% to 3%. Westpac lowered its one-year, 18-month, and two-year special rates to 4.75%, marking a new low, while its three-year rate decreased by 30bps to 5.09%, aiming to alleviate financial pressures on households and businesses.
Want More Context? 🔎






