AFM drops three year fixed rates to 5.09%

AFM drops three year fixed rates to 5.09%
AFM drops three year fixed rates to 5.09%

Lender Australian First Mortgage has cut its three-year rate from 5.19% to 5.09%.

AFM has lowered two-year fixed rate from 4.83% to 4.78%.

AFM managing director Tanya White told The Advisor AFM regularly looked for opportunities to review its interest rates outside of the Reserve Bank’s cash rate movements.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Mortgages

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