Full list of July’s out-of-cycle rate changes
The Reserve Bank's inaction hasn't stopped lenders from making moves.
The Reserve Bank's inaction hasn't stopped lenders from making moves.The Reserve Bank chose to leave the official cash rate untouched in July. The result was not surprise, with all 34 experts in finder.com.au's Monthly RBA Survey correctly calling the rate hold. But lenders have continued to demonstrate their willingness to move outside of the RBA's official cash rate decisions.
Last month saw 11 lenders in finder.com.au's database make rate moves outside of the official RBA decision. We'll keep you updated this month as more rate changes begin to come through.
Big four bank changes
| Lender | Change | Loans affected | Date effective |
|---|---|---|---|
| Commonwealth Bank | Down 0.03% | Standard Variable (owner occupier, principal and interest) | 7th July |
| Commonwealth Bank | Up 0.30% | Standard Variable (owner occupier + investor, interest only) | 7th July |
| Lender | Change | Loans affected | Date effective |
|---|---|---|---|
All other rate changes
| Lender | Change | Loans affected | Date effective |
|---|---|---|---|
| CUA | Down 0.06% | Rate Breaker Package (owner occupier + investor) | 18 July |
| Easy Street | Up 0.20% | Fixed Home Loan - 3 Years Owner Occupier + principal and interest, special offer (New Loans only) | 18 July |
| G&C | Up 0.20% | Premium Home Loan Package (investor), Solutions Home Loan Package (investor), Standard Variable Home Loan (investor), Construction Home Loan(investor), Bridging Home Loan(investor), Union Equity Line (investor) | 4 July |
| Homeloans | Up by 0.02% - 0.10% | Ultra Plus Variable Home Loan (owner occupier + investor) | 24 July |
| IMB | Down 0.05% | Budget Home Loan - special offer (owner occupier + principal and interest only) | 10 July |
| IMB | Down 0.05% | Accelerator Home Loan (owner occupier) | 17 July |
| IMB | Up 0.10% | Standard Variable Home Loan (investor), Essentials Home Loan (investor), Platinum Package (investor) | 21 July |
| ING Direct | Up 0.15% - 0.35% | Mortgage Simplifier Home Loan (owner occupier + investor), Orange Advantage Loan (owner occupier + investor) | 7 July |
| ING Direct | Down 0.05% | Orange Advantage Loan (owner occupier) | 7 July |
| Macquarie Credit Union | Up 0.05% - 0.20% | Basic Home Loan (owner occupier + investor), Offset Home Loan Package (owner occupier) | 3 July |
| Macquarie Credit Union | Down 0.15% - 0.20% | Offset Home Loan Package (investor) | 3 July |
| ME | Down 0.5% | ME Flexible Home Loan With Member Package (owner occupier , principal only) | 28 July |
| People's Choice | Up 0.30% - 0.35% | Standard Variable Home Loan (owner occupier + investor), Home Loan Package (owner occupier + investor), Basic Variable (owner occupier + investor) | 27 July |
| People's Choice | Down 0.05% | Standard Variable Home Loan (owner occupier), Home Loan Package (owner occupier), Basic Variable (owner occupier) | 27 July |
| Virgin Money | Up 0.35% - 0.45% | Reward Me Variable Home Loan(owner occupier) | 7 July |
| Lender | Change | Loans affected | Date effective | |
|---|---|---|---|---|
| Community First | Up 0.20% | 3 Years Fixed Owner Occupier special offer (New Loans only) | 4 July | |
| CUA | Up 0.05% 0.45% | CUA Fixed Rate Home Loan - 1, 2, 3, 4, 5 Fixed Years (owner occupier + investor), CUA Premium Fixed Rate Home Loan 1, 2, 3, 4, 5 (owner occupier + Investor) | 12 July | |
| CUA | Down 0.17% | Fixed Rate Home Loan - 3 Years (owner occupier), Premium Fixed Rate Home Loan - 3 Years Fixed (owner occupier) | 25 July | |
| Easy Street | Up 0.20% | Fixed Home Loan - 3 Years Owner Occupier + principal and interest, special offer (New Loans only) | 18 July | |
| G&C | Up 0.20% | Fixed Rate Home Loan (owner occupier) | 4 July | |
| Homeloans | Up 0.35% | Ultra Plus Fixed - 1, 2, 3, 4, 5 Years Fixed LVR <=80% (owner occupier + investor, interest only) | 13 July | |
| ME | Down 0.14% 0.20% | ME Flexible Home Loan Fixed with Members Package - 1,2,3,4,5,6,7 Years (owner occupier + investor) | 28 July | |
| MOVE | Up 0.10% | Lockit Home Loan - 1, 3 Years Fixed | 5 July | |
| Newcastle | Down - 40% | Fixed Rate - 1, 2, 3, 4, 5, 7, 10 Years (owner occupier+investor, principal + interest only) | 7 July | |
| Newcastle | Up 40% | Fixed rate - 7 , 10 Years (Owner Occupier Special Rate, P&I) | 7 July | |
| People's Choice | Down 0.10% | 1 Year Fixed Owner Occupier (principal & interest) | 27 July |
