05/05/2026
Not the news most people wanted today…
The RBA has increased the cash rate to 4.35%.
If you’ve got a mortgage, this likely means your repayments are going up again.
So what should you do?
👉 If you have a mortgage:
Now is a good time to review your rate. A lot of people are still paying more than they need to.
👉 If you're looking to buy in Melbourne:
Some buyers are adjusting their budgets… but others are using this moment to negotiate better deals.
👉 Not sure where you stand?
That’s completely normal — and exactly why getting clarity matters right now.
If you want to understand how this affects your situation, feel free to message me.
No pressure, just clarity.
