02/09/2026
The Reserve Bank has just lifted the Official Cash Rate to 2.75%.
If you're paying off a mortgage or out there house hunting right now, another rate move is your cue to take a fresh look at your setup. When the OCR goes up, lenders usually follow, adjusting their floating and fixed rates not long after. For anyone with a mortgage, that can mean bigger repayments once your rate comes up for renewal. For buyers, it can change how much you're actually able to borrow.
Rates moving up and down is just part of the cycle, so there's no need to stress. Handling an increase really just comes down to being prepared and having a plan that fits your goals.
Whether your fixed rate's about to roll off or you're wanting to know how this affects your buying budget, getting on top of your numbers now is the smart move.
Let's get your plan sorted early. Flick your HelloYello adviser a message for a quick, no-pressure mortgage review.