Variable home loan rate decrease – we’ve passed on the full 25 basis point cut to all variable home loan interest rates effective 29 May 2025. Learn more

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What happens if interest rates decrease?

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FAQs

What happens if interest rates decrease?

At settlement, if the usual fixed rate is lower than the locked in rate, you'll receive the lower rate. For example, a rate locked at 3.99% on the 5 October, settlement occurs 12 November and the usual rate on the 12th is 3.69%, you'll receive the 3.69%.

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