RBA cash rate dropped by 175 basis points while average standard variable rate fell by 133 basis points. RateCity found borrowers with a $300K mortgage would save extra $80/month if lenders followed cash rate. Wakeup call to borrowers: don’t take your home loan for granted!
Borrowers lose out on rate cuts
Disclaimer
This article is over two years old, last updated on January 1, 2013. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent nonspecific articles.
Product database updated 20 Apr, 2024
More nonspecific articles
More articles? Read more here