03/11/2026
🚨 INTEREST RATES RISE AGAIN – MORE PRESSURE ON AUSTRALIAN HOMEOWNERS!
The Reserve Bank has increased the official cash rate by another 0.25%, taking it from 4.60% to 4.85% – its highest level in 18 years.
With this being the fifth rate rise this year, mortgage holders are facing even greater pressure on household budgets.
🏡 What does this mean for you?
A borrower with a $600,000 home loan and 25 years remaining could see repayments increase by approximately $92 per month.
💡 Now is the time to review your home loan.
Don’t assume your current mortgage is still the best deal. There may be opportunities to:
✔️ Negotiate a better interest rate
✔️ Refinance to a more competitive lender
✔️ Review your loan structure and repayments
✔️ Explore ways to improve your household cash flow
📩 Want to know if your home loan is still competitive? Get in touch with our team for a no-obligation review.
Your mortgage deserves a regular health check!
AustralianProperty MortgageBroker KandidLoans