In response to the Economic and Financial Impact of COVID-19 pandemic Reserve Bank of Australia (RBA) has cut interest rates to a record low 0.25% in mid-March. However not all banks passed on the full cut to its mortgage customers. Make sure you are getting the most competitive rate! For example, are you eligible for a refinance rate of 2.09%?
Please try our new tool below to see what mortgage rate you should be getting. Enjoy your "COVID-19 Mortgage Discount"!