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The New Daily
The New Daily
Matthew Elmas

Big mortgage savings are on offer for ideal borrowers. Here’s how to tell if that’s you

The big banks are scrambling for good borrowers and there's big savings on offer. Photo: TND

Consider yourself an ideal mortgage payer? If so, you might be able to escape the worst of the home loan squeeze as the Reserve Bank continues to break records with its interest rate hikes.

The major banks are in a cut-throat battle for good borrowers right now as their flow of first home buyers dries up and much of their loan books come under pressure from higher rates.

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