We hear daily in the news about the supermarket wars and how prices have never been lower.  Well the banks are at it too, fixed rates have been slowly creeping down i the last few onths as funding pressures ease and banks look to entice borrowers over to the fixed market.

Now we are starting to see the major players attempting to lure more market share with increasing discounts on thier variable rates.  Don't get to excited, most offers are for new loan applications only, but hey do what I do, ask them for a discount, you just never know.