Chanticleer
Mortgage wars rumble as Macquarie has a crack at fixed rates
There are easier ways for bankers to make a buck than selling fixed rate mortgages, yet Macquarie is having a crack.
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.
Loading...
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
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles