🎉 Great News! RBA Cuts Rates — Let’s See if You Can Get a Better Deal

Fantastic news — the Reserve Bank of Australia has just cut the cash rate by 0.25%, bringing it down to 3.60%!

This is a real win for borrowers, and we can expect lenders to start dropping their interest rates over the coming weeks.

Here’s why this is exciting:

• If you’re on a variable rate loan, your lender will usually pass on the cut in line with your discount — meaning lower repayments are on the way.

• If you have a pre-approval, lenders typically update your rate once the cut takes effect — so you may be approved at an even better rate.

• We’ve recently been securing variable rates as low as 5.39% with boutique lenders, and fixed rates at 4.99% for 2 years — so there are some fantastic deals out there right now.

Lower rates can open up numerous possibilities — from refinancing and reducing repayments to unlocking equity in your property for your next purchase, renovation, or investment.

It’s time to chat and see if you can get a better deal. Whether you’re refinancing, buying, or just checking in, I’m here to help make sure you’re getting the most out of this rate environment.

📩 reply to this email or call me on [phone number] — let’s make this rate cut work for you!

Here’s to lower repayments and bigger opportunities,

Shona Stephenson
Principal Mortgage Broker
Best Foot Forward Mortgage Solutions