RBA rate tracker: every lender passing on the November 2026 cash rate hike
After the fifth cash rate hike in 2026, lenders are raising variable home loan interest rates once again.
Key takeaways
- The Reserve Bank raised the official cash rate to 4.85% on 3 November 2026.
- Australian lenders are announcing interest rate increases on their variable rate home loans.
- We're tracking every single rate increase announcement in the table below.
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Refinance your home loan today and get a better deal
Which lenders have announced a mortgage rate increase?
Search for your lender in the table below or jump to the rate rise calculator to see how much your repayments will increase.
We will update this table as more lenders announce rate increases.
Mortgage rate rise calculator
Rate rise calculator
See what a change to your interest rate does to your home loan repayments - and whether refinancing could work out lower.
$
% p.a.
How your loan pays off
- At your current rate
- After the rise
Your new rate
5.55% p.a.
▲ Up 0.25% · 25 bpRepayment change
+$0 a month
That's $0 more a year
- Current repayment per month
- $0
- New repayment per month
- $0
- Interest change over term
- —
Refinancing could beat the rise
See what you could save Hypothetical
These home loans in Finder's database work out cheaper than your new repayment. Repayments are estimates based on your loan amount and remaining term.
| Lender | Rate | Monthly repayment | You could save |
|---|
How we calculated this
- Loan amount and remaining term: taken from what you entered.
- Current repayment: calculated using the interest rate you entered (or, if you didn't enter one, the market average variable rate published by the RBA for owner-occupier P&I loans, refreshed monthly).
- New repayment after rate change: applied to the same balance and remaining term, using the rate change you selected.
- "You could save" figures: the difference between your new repayment and each lender's advertised variable rate for a comparable loan in Finder's database, holding your balance and remaining term constant.
- Long-term interest and savings: totalled over your remaining term in nominal dollars - the actual cash you'd pay or save. This matches ASIC's Moneysmart mortgage switching calculator; loan comparisons are shown as real cash outflows, not inflation-adjusted balances. Present-value discounting under ASIC Instrument 2026/41 applies to accumulation-style projections (super, investment balances) where purchasing power of a future balance matters - not to loan cash-flow comparisons.
- Assumptions: repayments are principal-and-interest, made monthly, with no additional repayments, redraws or offset balances. Lender fees, LMI and government charges are not included. Rates shown are advertised rates and may not reflect what you're offered after credit assessment.
- Data freshness: home loan rates are pulled from Finder's product database, updated regularly by our home loans team. Comparison rates are calculated on a $150,000 loan over 25 years unless the lender publishes a different basis.
If your loan is interest-only, these estimates won't be accurate for your cash-flow position. Use an interest-only calculator instead, or speak to a broker.
These figures are estimates, not quotes. Monthly repayments are calculated from the loan amount and remaining term you entered, using each lender's advertised variable rate on a principal-and-interest basis. Actual repayments will differ once the lender assesses your application and will depend on fees, your loan-to-value ratio and any future rate changes. If your existing loan is interest-only, the "You could save" figures won't reflect your real cash-flow change - compare on rate alone. All figures are shown in nominal dollars - the actual cash you'd pay or save across the loan term. This matches ASIC Moneysmart's approach for its mortgage switching calculator. See the assumptions panel for the full methodology.
Estimates only, not quotes. Repayments assume principal-and-interest and your entered loan amount and term. Figures are in nominal dollars over the loan term. Tap "How we calculated this" for details.
General advice warning. The information on this page is general in nature and doesn't take your objectives, financial situation or needs into account. Before acting on it, consider whether it's appropriate for you and read the lender's Key Facts Sheet, Target Market Determination and Credit Guide. Home loan rates, fees and features can change without notice. We recommend you speak to a licensed mortgage broker or financial adviser before deciding to refinance. Hive Empire Pty Ltd (ACL 385509) provides factual information and general advice only - not personal advice or a credit recommendation.
General advice only. This info doesn't consider your personal situation. Read each lender's Key Facts Sheet and consider speaking to a mortgage broker before refinancing. Hive Empire Pty Ltd, ACL 385509.
Why the Reserve Bank raised the cash rate in November 2026
Inflation remains far too high for the RBA's liking, and last month's consumer price index figures show that the rate of inflation is actually rising.
This means that the RBA's previous rate hikes have not been enough to curb inflation, requiring a fifth hike in November.
The main drivers of inflation are the cost of constructing new houses and fuel prices.
What should I do about my home loan?
- Check your rate. Assuming your home loan rate will increase by 25 basis points in the coming weeks, it's a good idea to start calculating what this will cost you now (you can use the calculator above). This helps you budget for higher repayments.
- Start comparing. Knowing your current rate also makes it easier to compare and see if you can find a better deal elsewhere. Some lenders may be offering better deals for new customers. So even if you can't avoid rising rates completely, you can still save a bit.
- Switch, but call your lender first. If you find a suitable home loan with a lower rate, switching is a great idea. But before you do that, call your current lender. They may be able to match the rate in order to keep you as a customer. It's worth asking. If they won't cooperate, it's time to refinance.
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