Tag: interest rate reduction tools
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RBA Cuts Interest Rates, Aiding Mortgage Holders Nationwide
The Reserve Bank of Australia (RBA) recently announced a 0.25 percentage point cut in interest rates, bringing the cash rate down to 3.85 per cent. This move, widely expected by financial markets and major banks, is set to provide relief for mortgage holders across the country. The Ultimate Guide for Home Buyers in Australia 2025…
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ANZ Cuts Home Loan Rates to Aid Customers Amidst Challenges
ANZ has announced a reduction in variable home loan rates in response to the Reserve Bank of Australia’s decision to cut the official cash rate. This move will see a 0.25% decrease in variable interest rates for Australian home loans under ANZ, effective from 30 May 2025. The decision comes as a relief for customers…