While the Reserve Bank keeps us guessing, Westpac has made its play, positioning itself as the undisputed leader among the Big Four.

The banking giant has quietly provided a fresh interest rate cut for home loan borrowers despite the RBA holding the cash rate steady at 3.60 per cent last month.

The change means it now offers the lowest variable home loan rate out of the Big Four banks, having aggressively cut rates by 10 basis points on its Special Online Offer Flexi First Option Home loan.

The move brings the interest rate down to a razor-sharp 5.24 per cent (5.25 per cent comparison rate) for owner-occupiers with a 70 per cent Loan-to-Value Ratio.

Investor rates have also been slashed by a whopping 20 basis points, a clear siren call to property investors ready to expand their port

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