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Bankwest cuts two-year fixed rates to 4.59pc

by Staff Reporter7 minute read

Bankwest has unveiled the lowest two-year fixed rates in its history.

The two-year Complete Fixed Home Loan and Fixed Rate Home Loan have fallen from 4.78 to 4.59 per cent.

Bankwest said it had recognised the importance of variety by cutting its three-year rate as well.

Three-year rates have fallen from 4.84 to 4.74 per cent for the Complete Fixed Home Loan and from 5.04 to 4.94 per cent for the Fixed Rate Home Loan.

All those two-year and three-year rates are available up to 90 per cent LVR, including LMI.

Bankwest’s head of brokers, Ian Rakhit, said the rate cuts reaffirmed Bankwest’s commitment to provide great products and sharp rates to the broker channel.

“I believe this is a truly outstanding offer, and when brokers consider they can be paid trail for all deals below 75 per cent LVR in the first year, I am confident they will acknowledge that this further reinforces why Bankwest are great to do business with,” he said.

[Related: Bankwest announces commission bonus]

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