The Reserve Bank has increased the cash rate to 3.85%

The Reserve Bank of Australia (RBA) has hiked the cash rate by 25 basis points in May, pushing the official cash rate to a new high of 3.85%

But don't sit around waiting for your bank to send you an email or a letter informing you if they’ve passed on the rate increase. Your Mortgage will provide regular updates on which lenders are passing on the rate increase to variable rate home loans, as they are announced.

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Jason Gwerder
Thursday, 4 May 2023

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