06/05/2026
The Reserve Bank of Australia delivered another rate rise this month, increasing the cash rate by 0.25% to 4.35%, marking the third consecutive hike this year.
For many Australians, this will mean higher mortgage repayments and continued pressure on household budgets, but what does it mean for borrowers and buyers?
👉 If you already have a home loan:
Now is the time to review your structure. Whether it’s refinancing, fixing a portion of your loan, or making smarter use of offset accounts, small changes can make a big difference in a rising rate environment.
👉 If you’re looking to buy:
Yes, borrowing capacity may be impacted, but opportunities still exist. Property markets remain resilient (especially in Perth), and the right strategy can help you move forward with confidence.
👉 If you’re unsure:
You’re not alone. With inflation still driving these decisions and uncertainty around future rate movements, having the right guidance matters more than ever.
At Westgate Home Loans, we’re here to help you cut through the noise, understand your options, and put a plan in place, no matter what the market is doing.
Reach out if you’d like a quick review of your current loan or borrowing position:
https://westgatehomeloans.com.au/contact/
