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National Australia Bank is cutting the rate on its basic home loan product
- NAB Base Variable Rate special offer has been reduced by 0.15% pa to 2.69 % for owner occupiers paying principal and interest who have at least a 20% deposit.
- NAB fixed rates have been reduced for both owner-occupiers and residential investors paying principal and interest, with NAB Choice Package fixed rates now starting at 2.19% p.a. for owner-occupiers and 2.49% p.a. for residential investors.
This should leave more disposable income to buy more of this sort of thing:
Source: Forexlive