Lenders set to make extra $99M per month from rate rise

Nov 1, 2010( 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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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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Rate update: who has moved

A total of 16 lenders have now confirmed they will be cutting their rates for Australian home owners, with some of the smaller lenders offering up never seen before rates as low as 3.35 per cent.

Aug 5, 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 )

Reserve Bank of Australia lifts the official cash rate by 25 basis points to 4.75%. Average household will pay $46 more in monthly repayments if cash rate rise passed on.

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Lenders set to make extra $99M per month from rate rise

Related articles

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

Rate update: who has moved

Rate update: who has moved

RBA stalls, yet home loan rates continue to drop

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