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Cashback numbers plunge

The number of lenders offering cashbacks with mortgages has fallen from the peak of 35 in March last year to 11 now, comparison site RateCity reports.

How have mortgage rates moved this week?

Banks scale back cashback offers amid easing competition

While a number of providers are continuing to use cashbacks as an incentive for borrowers looking to refinance, nearly one-third of lenders have dumped the idea, new data has revealed. During the e

ANZ halves cashback offer

Banking Day

The number of mortgage lenders offering cashbacks has fallen to 15, after reaching a high of 35 in March, comparison site RateCity reports.

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