Interest Rate Increases May 2022- On Tuesday 3rd May 2022, the Reserve Bank of Australia announced the first increase to the Australian cash rate in over 11 years. See how each lender is responding with increases to home loan rates.
See which lenders have passed on home loan interest rate increases
We will keep this table updated as each lender announces their response to the cash rate increase over the coming days.
|Lender||Variable Rate Increase||Effective Date|
|Bluestone||no response yet|
|Firefighters Mutual||0.25%||20 May|
|Heritage Bank||no response yet|
|La Trobe||no response yet|
|Liberty Financial||no response yet|
|Pepper Money||no response yet|
|Plan Lending||no response yet|
Now is the time to get in touch with an Assured Lending Mortgage Broker to see how your home loan rate compares to others on the market. It won’t cost you anything to get a home loan comparison but it could save you thousands. Our service is completely cost and obligation free so give us call today for more information on the right home loan for you.
Interest Rate reductions November
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