The Reserve Bank’s interest rate decision simply means there has never been a better time to take out a mortgage with a non-bank lender.
SCMC director Heidi Armstrong says today’s Reserve Bank board decision to leave the official cash rate at 3.75% highlights the fact that home loans from the big banks “represent very poor value [...]

Australia’s big four banks say they will hold standard variable home loan rates steady after the central bank shone the spotlight on bank mortgage rates as a major reason for leaving the cash rate unchanged.
The Reserve Bank of Australia (RBA) left the official interest rate unchanged at 3.75 per cent on Tuesday, surprising most economists, [...]

The Reserve Bank of Australia (RBA) has given borrowers some short-term relief after surprising financial markets by hitting the pause button on interest rates this month.
On Tuesday, the central bank left the overnight cash rate at 3.75 per cent following its board meeting, even though most market economists expected the RBA to lift by a [...]

Mortgage broker Loan Market Group has welcomed the central bank’s decision to leave the official interest rate unchanged but says mortgage holders can still expect rises in the months ahead.
The Reserve Bank of Australia (RBA) left the cash rate unchanged at 3.75 per cent after its first board meeting of the year on Tuesday.
Most financial [...]

The Reserve Bank of Australia’s (RBA) surprise decision to leave its official interest rate unchanged has been described as a stay of execution.
The central bank left the cash rate at 3.75 per cent after its board meeting on Tuesday, in a move that stunned most market economists.
Many had tipped the central bank to raise its [...]