Tic:Toc: Slashes mortgage rates to the lowest in the country

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Tic:Toc: Slashes mortgage rates to the lowest in the country

Tic:Toc: Australian fintech company, slashed its mortgage rates to the lowest in the country

  • Tic:Toc has cut rates on their variable and fixed rate home loan, which according to them, are the lowest rates in the market
  • The decision came in response to the RBI’s decision to once again hold rates at the current record low of 1.50%
  • The previous variable rate of 3.57% has now dropped by 10 basis points to 3.47% and is only available to new customers
  • Current Tic:Toc customers will also benefit from a rate cut, as the lender has slashed rates on their 1 year fixed home loan by 20 basis points, from 3.59% to 3.39%
  • Tic:Toc’s low deposit option allows these customers to get the same low rates, with as little as a 10% deposit