A big four bank announces rate cuts for homeowners, but there’s a catch

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A big four bank announces rate cuts for homeowners, but there’s a catch

ANZ has slashed its fixed rate for owner-occupiers and investors by 0.25 per cent, but you’ll need to have a 20 per cent ******** or more to be eligible for the lower rate.

Canstar data insights director Sally Tindall said this strategic play from ANZ meant the bank now offered the lowest fixed rate out of the majors as competition in this space continued to push rates down.

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