Refinancing involves replacing your existing home loan with a new one, either from the same lender or a different one. For Australians, EOFY creates a natural checkpoint for evaluating whether their existing mortgage is still serving their financial goals.
The RBA has officially cut the cash rate by 0.25%, bringing it down to 3.85%, marking the second cut this year.
The Reserve Bank of Australia (RBA) has left interest rates on hold at 4.10%.
Will the RBA deliver another interest rate cut? For homeowners, property investors, and first-home buyers, this decision isn’t just about headlines, it directly impacts mortgage repayments, property affordability, and purchasing power.
Rates have been cut by a large number of lenders, following the RBA’s February decision to lower the cash rate. Are you over paying on your home loan?
The RBA has cut the official cash rate to 4.10%.
Will we see a rate cut when the RBA meets in February for the first time in 2025?
In its final decision of the year, the Reserve Bank of Australia (RBA) has opted to leave the cash rate unchanged at 4.35%
The RBA remained determined to take steps against inflation but they did not discuss rate hikes directly.
