Good morning. Plenty of rate cut action to report this morning, and it looks like 3.79% is the new magic number for two-year rates.
After BNZ cut its two-year rate on Monday, two of the bank's big four rivals have followed suit.
ANZ has cut its two-year special rate to 3.79%, and slashed its carded rate to 4.29%.
Meanwhile, Westpac has also cut its two-year special to 3.79% from 3.85%.
Both sets of cuts are effective this morning. Find out how home loan rates are shaping up here: [READ ON].
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