My Next Loan

07/04/2025

Its one of our most commonly asked questions, what do you think interest rates will do? Well, according to the latest RBA cash rate future pricing, those with a home loan could be set for a reduction of up to 20% to their current interest repayments, providing welcome relief.

Here is the eonomist's viewpoint

When it comes to the big four banks, some have quite a different viewpoint on where rates are going in the short term and where the cash rate will ultimately bottom out.

Their expectations for the next rate cut and for the cash rate out to the end of the year are as follows.

ANZ: Cuts in May, June and August, taking the cash rate to 3.35 per cent by year end.

Commonwealth Bank: Next cut in May, two further cuts taking the cash rate to 3.35 per cent by year end.

NAB: Next cut in May, two further cuts taking the cash rate to 3.35 per cent by year end.

Westpac: Next cut in May, two further cuts taking the cash rate to 3.35 per cent by year end.

18/02/2025

BREAKING | RBA cuts the cash rate by 0.25%

The new millions of home owners have been waiting for has finally arrived, with the Reserve Bank today reducing the cash rate by 0.25% to 4.1%.

Mortgage holders have been given much-needed breathing room, with the Reserve Bank announcing inflation has fallen enough for Australia to begin its rate-cutting cycle.

20/03/2024

OPINION - Are interest rates set to decline significantly in the near future? Those with home loans will certainly hope so and here is an interesting article which supports just that.

ANALYSIS

31/01/2024

What does recent economic data and the possibility of interest rate cuts mean for property prices?
An interesting read for those contemplating entering the market again or for the first time in 2024.

ANALYSIS

31/01/2024

Latest economic data provides clearest indication yet that interest rates have peaked and may well be coming down again later this year.

BREAKING

04/05/2022

RBA increases cash rate:
In what was widely expected, the Reserve Bank has increased the official cash rate, which now sits at 0.35%.

Read the full statement and commentary from RBA Governor Philip Lowe here.

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points.