02/11/2026
The RBA meets tomorrow, and the cash rate is sitting at 4.60% after four rises this year 🏦
Most forecasters expect another 25 basis points on Tuesday afternoon, which would take it to 4.85%. That's a forecast, not a decision, so check the news before you read too much into it.
For a rough feel, on a $600k loan with 25 years left, a 0.25% rise adds about $86 a month to the repayment (about $3,369 to $3,455 on our maths). Cotality estimates the four rises so far have cut average borrowing capacity by almost $90,000.
If your pre-approval is a few months old, it's worth getting it refreshed so you know your real number, not last winter's. Lenders also test your repayments at a buffer above the actual rate, so the number you can borrow moves more than the headline suggests.
Are you buying soon or waiting for rates to settle? Tell us below 👇
Our latest rates outlook: https://www.huntergalloway.com.au/will-home-loan-interest-rates-go-down/?utm_source=facebook&utm_medium=group&utm_campaign=fhb-daily
Sources: ABC News (29 Sep 2026), Aussie (29 Oct 2026), Cotality via ABC News.
