Mortgages for 4.69%?

HSBC has dropped its fixed rate home loans as follows:

2 year fixed - 4.69%
3 year fixed - 4.79%
5 year fixed -  5.09%

The major Aussie banks are also offering very low fixed rates now as the competition for market share hots up.

Shares finally seeing a brighter trade up ~1.60% so far, with they bank stocks rebounding...