April 2022 Interest Rates Remain At 0.10%
The RBA has remained consistent in wanting to see a sustained period with inflation in their 2-3% target range and steady wages growth before raising the cash rate. With global uncertainties remaining and modest wage growth, expect the Reserve Bank to continue to closely monitor supply chain disruptions, increasing energy prices and global events. The RBA has committed to patience in determining when inflation is sustainably at target.
| LENDER | LOAN TYPE | SECURITY TYPE | INTEREST RATE | MAX LVR | |
|---|---|---|---|---|---|
| Bank | Variable | Residential Security | 1.96% CPR 1.96% | 80% | Enquire |
| Bank | Offset Account | Residential Security | 1.96% CPR 1.96% | 80% | Enquire |
| Bank | Variable Rates From | Residential Security | 1.99% CPR 2.15 | Up to 95% | Enquire |
| Bank | Line of Credit | Residential Security | 3.19% CPR NA | 60% to 80% | Enquire |
| Bank | 1 Year Fixed Rate From | Residential Security | 1.89% CPR 2.34% | Up to 80% | Enquire |
| Bank | 2 Year Fixed Rate From | Residential Security | 1.79% CPR 2.84% | Up to 80% | Enquire |
| Bank | 3 Year Fixed Rate From | Residential Security | 1.94% CPR 3.10% | Up to 80% | Enquire |
| Bank | 5 Year Fixed Rate From | Residential Security | 2.59% CPR 3.10% | Up to 80% | Enquire |
| Non Bank | SMSF Self Managed Super Fund | Residential Security | from 4.95% | Up to 70% | Enquire |
If you have any questions about these announcements or interest rates, please feel free to contact us.
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For more information regarding interest rates for home and investment loans for owner occupied and investment purposes please visit home loans website.
For information regarding commercial property loans, business loan, leasing or finance for any other commercial purpose please head over to our commercial loans website.
