Interest Rates Articles

To lock it in or not lock it in, that is the question…

Prime Minister Scott Morrison said he expected the big banks to “do the right thing” by Australians and pass on the rate cut in full.

The RBA has found that the difference in interest rates between new and outstanding variable-rate home loans increases with the age of the loan.

It’s a timely question considering the big four bank economists all expect the RBA to cut the cash rate by 25 basis points to a new record low of 0.5% on February 4.