Tag Archives: interest rate rises

Five ways to manage home loan interest rate rises

how to manage home loan interest rate rises calculator image

  It was inevitable that the Reserve Bank would eventually raise the cash rate from the record-low level to which it was reduced as an emergency response to the pandemic, and it certainly feels like the increases are coming in hot. Today’s RBA announcement is the fourth consecutive increase this year and sees the cash…


Rates are moving. What are your options?

In February, the last of the major Australian banks increased its rates putting its owner-occupiers on principal and interest up 0.12% and interest only rates up 0.16%. These ‘out of cycle’ can add up to big $ in additional repayments over the year of a loan. RBA Governor, Philip Lowe, recently admitted that the odds…