Delprete Financial

It comes as no surprise but today we see another rate rise from the RBA will banks ready to pass on the full cost to customers.

Lets hope we all have a little more luck on the big race at least.

But if you think your interest rate looks a little high don't be afraid to ask the question of your bank or better yet, feel free to get in touch and compare a full range of available lenders and home loans.

Just a taste of some of the current cashback offers available from some of our favourite lenders.

Take advantage of the banks wanting your business and put some money in your own pocket at the same time.

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Cash rate hits 2.6%, surpassing the pre-COVID decade average At the board meeting today, the RBA took the cash rate target 25 basis points higher, a lower increase than in the preceding four months. At 2.6%, the cash rate target is now at the highest level since July 2013, and surpasses the decade average prior to the onset of COVID-19 (which was 2.55%). The....

Here we go again....😬

With all banks likely to pass on the latest increases don't be shy to ask for a better deal.

If your lender isn't doing you any favours speak to someone who will 😉

Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent.