Changes to dual-branch servicing: From 29 August 2025, we're making changes to our dual-branch servicing operations. Learn more

What happens if interest rates decrease?

A family entering their new home, smiling and carrying belongings
< Back to 
Home Loans
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%.

How can we help?