@Mountaineer to [email protected]English • 2 years agoRBA interest rates: Reserve Bank of Australia leaves official cash rate steady at 4.1%www.theguardian.commessage-square15arrow-up166arrow-down10cross-posted to: [email protected]
arrow-up166arrow-down1external-linkRBA interest rates: Reserve Bank of Australia leaves official cash rate steady at 4.1%www.theguardian.com@Mountaineer to [email protected]English • 2 years agomessage-square15cross-posted to: [email protected]
minus-squareBadlyDrawnRhino linkfedilinkEnglish9•2 years agoAlready got a message from NAB yesterday that our mortgage repayments are going up yet again, so unless they’re backtracking on that after today’s decision, I feel like many people are in fact not breathing a sigh of relief.
minus-square@InstigatelinkEnglish8•2 years agoSome banks aren’t passing on rate rises immediately; it could be that NAB is incorporating a previous cash rate rise into your new interest rate.
Already got a message from NAB yesterday that our mortgage repayments are going up yet again, so unless they’re backtracking on that after today’s decision, I feel like many people are in fact not breathing a sigh of relief.
Some banks aren’t passing on rate rises immediately; it could be that NAB is incorporating a previous cash rate rise into your new interest rate.