Borrowers warned: watch out for new lending tactics after RBA keeps cash rate at 3.50%

RateCity Staff

By RateCity Staff

1 min read

Reserve Bank keeps the official cash rate at 3.50% . Variable borrowers will have extra $103 per month* in pockets for a $300,000 home loan after 2 rate cuts. Borrowers watch out: lenders tempting borrowers to absorb their savings instead of accelerating repayments.

Media Enquiries

Laine Gordon

Laine Gordon 

P:0408 635 344


Corporate Address

Level 3, Suite 3.02, 52 Alfred Street, Milsons Point

NSW 2061 Australia

Visit Contact Us for all non-media enquiries.
Compare your product with the big 4 banks, or add more products to compare