The National Australia Bank has cut its two-year fixed rate by 0.05% to 4.84%.
The bank says this is its lowest level in more than 20 years.
They also reduced their three-year term by 0.07% to 5.06% and its five-year term by 1.1% to 5.69%.
to find out how much you can save using Your Mortgage’s home loan calculator.
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan