Photo Credit vittaya pinpan Home loan rates are everywhere at the moment. Some lenders are advertising variable rates below 6%. Others are offering cashback to attract new customers. Fixed rates are back in the conversation, and every change in the cash rate brings another round of headlines about how much borrowers could save by refinancing. If your home loan rate starts with a six, it’s reasonable to wonder whether you’re paying too much. But there’s a more useful question

If you've ever seen a bank cut its fixed home loan rates while the Reserve Bank of Australia (RBA) hasn't moved the cash rate, LIke ING Bank did this week, you might reasonably wonder what's going on.