Has your bank passed the RBA interest rate cut on?

Lenders will be under pressure to pass on all, or at least the bulk, of the RBA cuts to borrowers. The Reserve Bank may cut interest rates in the next few months. (AAP)

They are however, cutting investor interest-only rates above and beyond the RBA, by 0.35 per cent. Suncorp Bank has also announced it will cut all variable home loan interest rates by 0.20 per.

For the first time since August 2016, the Reserve Bank of Australia (RBA) cut the official cash rate to just 1.25% – the lowest level in Australian history. Has your bank passed the RBA interest rate cut on?

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Unless you’ve been living under a rock, you would have heard that the Reserve Bank of Australia (RBA) cut the official cash rate by another 25 basis points to 2.00%. That’s right, another historical low for Australia and a chance for homeowners to breathe a little sigh of relief. That is, of course, if your bank actually passes on the rate cut.

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Is your lender passing on the RBA’s latest cash rate cut? Savings.com.au keeps you posted on which banks and lenders are cutting home loan interest rates. After nearly three years of holding the cash rate at 1.50%, the Reserve Bank of Australia (RBA) has cut rates by 0.25% points (25 basis points) from 1.50% to 1.25%.

Has your bank passed the June 2019 interest rate cut on? Soon after the Reserve Bank of Australia announced they will reduce the official cash rate from 1.50% to 1.25%, NAB and Commonwealth Bank have decided to pass on the full interest cut off their variable rate lending by 0.25%.

Has your bank passed the June 2019 interest rate cut on. – Has your bank passed the June 2019 interest rate cut on? Soon after the Reserve Bank of Australia announced they will reduce the official cash rate from 1.50% to 1.25%, NAB and Commonwealth Bank have decided to pass on the full interest cut off their variable rate lending by 0.25%.

What you should do if your greedy bank doesn’t pass on the rate cut in full – and how you could end up saving even MORE. The Reserve Bank of Australia has cut interest rates to new record low of.