Interest rates have kept falling, with another bank reducing its three-year, four-year and five-year fixed rates.
P&N Bank has reduced its three-year rate from 4.85 to 4.75 per cent, its four year-rate from 5.20 to 4.95 per cent and its five-year rate from 5.30 to 4.99 per cent.
All those rates apply to loans with LVRs of less than 80 per cent.
The bank has also reduced rates for loans with LVRs of 80 per cent and above.
The four-year rate has fallen from 5.20 to 5.05 per cent, while the five-year rate has fallen from 5.30 to 5.09 per cent.
P&N is the latest bank to follow the lead of the Commonwealth Bank, which started this round of rate cuts in late July by slashing its five-year rate to 4.99 per cent.
[Related: P&N cuts rates by 45 points]