Solution finder
I'm looking to Buy or build my first home and and have just started researching
edit

Cash rate on hold but interest rate may still go up

While the Reserve Bank of Australia decided to keep the cash rate on hold yesterday, there is still a possibility that banks and lenders will raise the home loan interest rates to cover their funding costs.


While the Reserve Bank of Australia decided to keep the cash rate on hold yesterday, there is still a possibility that banks and lenders will raise the home loan interest rates to cover their funding costs.

So what are some of the factors that influence the cash rate and home loan interest rate? And why do different lenders offer different rates?

We've put together an infographic to explain this, take a look and let us know what you think by leaving a comment below.

 

Posted in: Archive

Other articles you might like



More articles

Things can change quickly in the market.

Subscribe and stay informed with news, rates and industry insights.