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National Mortgage Company cuts fixed rates again

National Mortgage Company has announced new reductions to its fixed home loan rates.

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NMC’s one and two year fixed rate mortgages now sit at 7.30 and 7.50 per cent respectively.

The move comes after the non-bank lender reduced both its two and three year fixed rates to 7.60 per cent just over a week ago.

Head of sales Fernando Lemos said NMC had observed a slight shift to fixed rates with consumers wanting certainty for the future.

“We are always looking at ways of passing any funding benefits directly onto our customers,” he said.

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