The pledge comes a day after rival National Australia Bank promised to match a 25 basis point cut to ...ANZ has followed the NAB in pledging to lower home loan rates if the Reserve Bank decides to cut official interest rates at its next board meeting. In most cases, banks usually close mortgage loans more quickly than a mortgage broker does. This is probably because a mortgage broker deals with two types of persons - the lender and the client. Resolving mortgage issues between these two is a time-consuming job.
