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Interest Rates

Interest Rates

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Mortgage holders who ‘grit teeth’ could ‘save thousands’ after rate cut confirmed

‘If you can grit your teeth and tip any savings into your home loan, you’ll thank yourself down the track.’

3 min read

All four major banks will pass on the RBA’s 0.25 percentage point cut to variable mortgage customers.

The one thing all four of Australia’s big banks did minutes after RBA rate cut

Here is what Australia’s largest lenders had to say after the RBA slashed rates to 4.10pc.

3 min read

The RBA has cut rates for the first time in more than four years, with the big four banks following suit.

RBA’s grim admission in wake of drought-breaking rate cut

3 min read

The RBA has cut rates for the first time in more than four years.

High hopes for interest rate cut as RBA enters conclave

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Economists say there is unlikely to be a major reduction in mortgage rates this year, even if the Reserve Bank board delivers a widely-tipped cut on Tuesday.

Second big four bank makes major move on interest rates

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The big banks have agreed to a two-and-a-half-year moratorium on regional branch closures. (Joel Carrett/AAP PHOTOS)

How much a February rate cut will save homeowners every month

3 min read

Homeowners could be in for some financial relief, with hope the RBA will cut rates at it February meeting.