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Investors and owner occupiers could be well served by exploring their refinancing options. Image: Shutterstock

RBA cut rumours swirl as banks slash variable rates

Speculation is mounting around the prospects of further reductions in the official cash rate by the Reserve Bank of Australia, with some of Australia’s biggest banks slashing variable home loan rates.

Westpac was the first to move, after it launched a 2.19 per cent introductory variable rate last w…

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