For many of our customers, changes to mortgage interest rates are a new experience and we’re aware they may be raising some concerns.
Following the recent RBA* official cash rate increases, we have received a number of enquiries about mortgages and savings interest rates and what impacts our customers might expect. Now, with the most recent interest rate increase in June, it’s expected there will also be further increases to mortgage interest rates over the coming months.
We want to make sure you are prepared for future changes to interest rates and so we’ve prepared a list of Frequently Asked Questions (FAQs) to help you understand and work through what this may mean to you.
We hope the FAQs are a good resource for you as we move into a changing future. If you don’t find the answers you need, you can call our friendly Customer Care Team on 138 001 and we will connect you with one of our Lending Solutions Team members, who will be able to assist you.
*Reserve Bank of Australia
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