Borrowers set for savings with 3 lenders cut variable rates

RateCity StaffFeb 21, 2013( 1 min read )

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Variable rates to push below 3.5% in August, first time on record

Variable home loan rates are set to dip below 3.5 per cent this month – the lowest on record – following today’s decision by the Reserve Bank to cut the cash rate to 1.50 per cent.

Aug 1, 2016( 3 min read )

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RBA stalls, yet home loan rates continue to drop

The RBA may have left the cash rate unchanged at 1.50 per cent at today’s Board meeting, but home loan rates continue to drop with close to 200 cuts in the past month.

Oct 4, 2016( 2 min read )

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Rate update: who has moved

All four of the big banks have announced they will cut variable home loan rates, withholding around half of yesterday’s 25 basis point RBA cut.

Aug 2, 2016( 2 min read )

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Cash rate holds at 1.5%, yet mortgage stress on the rise

The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.

Dec 6, 2016( 2 min read )

First time 3 lenders cut variable rates out-of-cycle by as much as -0.20 percentage points. RateCity expects more lenders to follow with variable home loan rate cuts. Borrowers urged to take control of home loans: don’t wait for a discount!

RateCity Staff

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Borrowers set for savings with 3 lenders cut variable rates

Related articles

Variable rates to push below 3.5% in August, first time on record

RBA stalls, yet home loan rates continue to drop

Rate update: who has moved

Cash rate holds at 1.5%, yet mortgage stress on the rise

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