Rate ‘wriggle room’ has given way to a secret mortgage discounting war - Sydney Morning Herald

So desperate are lenders to stem a borrower exodus that they are offering unprecedented interest reprieves. But it is all happening behind closed doors.

So desperate are lenders to stem a borrower exodus refinancing spiked to a record high of $18.1 billion last month that they are offering unprecedented interest reprieves. But it is all happening beh… [+1653 chars]

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