Aussie passes on full rate cut to borrowers

Aussie Home Loans will decrease its Aussie-branded variable rate home loans by 25 basis points in line with the Reserve Bank of Australia rate cut announced yesterday.

The changes will take effect on Wednesday May 15.

Customers will an average home loan of $300,000 could save $47 per month.

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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