Reserve Bank drops cash rate to 3% today. Average standard variable rate expected to hit 5.92% next month. Despite rate changes to filter through next month, spending boost for borrowers in time for Christmas.
Christmas comes early for variable mortgage holders: RBA drops cash rate
Disclaimer
This article is over two years old, last updated on December 2, 2012. 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 29 Mar, 2024
More nonspecific articles
More articles? Read more here