Just to indicate that some lenders are reducing their fixed home loan rates. The latest is Westpac with a reduction of 0.61% reduction in their 2 and 3 year fixed rates for principal and Interest payments. New 2 yr rate will be 3.18% and 3 yr rate 3.28%.

Virgin Money is offering 2.99% fixed for 3 years for owner occupied principal and Interest payments

Are we seeing the banks appetite to have borrowers lock away some fixed funding for 2 and 3 years.

NAB is reducing their Fixed rates on owner occupied home loans by 0.40% to 0.55% for terms 1 to 5 years effective from 12th July 2019 .

More to be posted as they come to hand