Have the cash rate hikes gone too far?
There are likely to be fewer than 10 ongoing variable rates starting with a “4” if lenders pass on the 0.25pp hike, expert says
Source: brokernews.com.au
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There are likely to be fewer than 10 ongoing variable rates starting with a “4” if lenders pass on the 0.25pp hike, expert says
Only a small percentage of borrowers choosing to fix
When shopping for new suppliers, avoid variable rates and termination contracts
The RBA has begun increasing interest rates. We track how lenders are responding, and what this means for the average Aussie borrower.
Not long after the RBA's decision to lift official interest rates by half a percentage point, Westpac announced it will be passing on the full hike to its variable rate customers.