11/06/2026
Following three cash rate increases this year, many households are now experiencing the combined impact on their mortgage repayments.
According to Canstar analysis, a borrower with $600,000 remaining on their home loan could be paying an additional $3,265 per year following the recent rate rises. As lenders continue to pass on higher rates, repayment costs are becoming a more noticeable part of household budgets.
Many borrowers are reviewing their loan features, spending habits and overall financial position as they adapt to changing conditions.
If you'd like to discuss your current lending situation, feel free to get in touch. ๐