Interest rates drop again! How low can they go?

Interest rates drop again! How low can they go?

The Official Cash Rate, as determined by the Reserve Bank of Australia (RBA), is now at an historic low of 2.25 per cent.

Rate cut puts a three in front

Rate cut puts a three in front

Loans.com.au has delivered the Australian home loan market a variable interest rate with a three in front with its decision to pass on the RBA’s 0.25 percent rate cut in full to new customers immediately.

Borrowers can still save on interest

Borrowers can still save on interest

Even though the RBA didn’t cut the cash rate this week, borrowers can save as much as $260 a month on mortgage repayments by finding a cheaper home loan.

Most borrowers ahead on repayments

Most borrowers ahead on repayments

The vast majority of home loan customers are ahead on their mortgage repayments according to data from market leading online lender loans.com.au.

Loans.com.au rates 4.29 per cent or lower

Loans.com.au rates 4.29 per cent or lower

Loans.com.au has cemented its place as a market leader by dropping its home loan interest rates to with the announcement of a further cut to fixed rates.

Loans.com.au to pass on full rate cut

Loans.com.au to pass on full rate cut

Market leading online lender Loans.com.au Pty Ltd will pass on the full 0.25 percent rate cut to existing customers following the RBA’s announcement.