RateCity warning: watch your rates after cash rate falls to 3.25%

RateCity StaffOct 2, 2012( 1 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 )

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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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Fixed rate war is waged as cash rate remains steady

The RBA has left the cash rate steady at 1.75 per cent at today’s board meeting, but banks have taken matters into their own hands cutting to close to 200 home loan rates in the past month.

Jul 5, 2016( 3 min read )

Reserve Bank lowers cash rate to 3-year low at 3.25% . But many borrowers still paying more than they were 3 years ago. Watch your rates: most lenders not expected to pass on the full cuts.

RateCity Staff

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Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.

Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.

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RateCity warning: watch your rates after cash rate falls to 3.25%

Related articles

Rate update: who has moved

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

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

Fixed rate war is waged as cash rate remains steady

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