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How A 0.5-Point Interest Rate Increase Affects Your Home Loan
This week, the Reserve Bank of Australia announced its fourth straight monthly increase in the cash rate, and more rate hikes are almost certainly imminent. As of August 2022, the cash rate target is 1.85%. What Happens When Interest Rates Rise? The cash rate...
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Cash Rate Decision August 2022: RBA Raises Cash Rate To 1.85%
The Reserve Bank of Australia (RBA) increased the cash rate by half a percentage point today, taking it even higher, to 1.85%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest...
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Cash Rate Decision July 2022: RBA Raises Cash Rate To 1.35%
The Reserve Bank of Australia (RBA) increased the cash rate by 0.50 percentage points in July, taking it even higher, to 1.35%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest...
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