Hark... Home Loan Rates are Tumbling

17 Dec 2012 - http://www.domain.com.au/

 Home loan rates are dropping to levels not seen since 2009 as lenders pass on at least part of the Reserve Bank's December rate cut to deliver an early Christmas present to borrowers.

Not all lenders are passing through the full 25 basis points, but bargain-hunting borrowers can now find variable rates below 5.50%, while fixed rates are the lowest they've been in 3 years.

Snapping up a super cheap home loan is one festive purchase you won't regret in the New Year. In fact, it's the gift that keeps on giving and giving.

So, don't wait around. Bag yourself a home loan bargain and ring in a prosperous New Year.