Once in a blue moon, Australian borrowers get interested in fixed-rate mortgages.
Macquarie has been offering two-year fixed money as low as 5.39 per cent – nearly 100 basis points, or four interest rate cuts, below most rivals’ standard variable rate – via brokers across the country.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com