Rates on Hold
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 3.60% following its November monetary policy meeting.
Read the full statement here.
The decision reflects the Board’s view that monetary policy remains restrictive enough to guide inflation (currently 3.2%) back to the target range (2-3%), while allowing the economy to stay on a soft-landing path.
In a recent speech, RBA assistant governor Christopher Kent noted that “financial conditions were restrictive and restraining demand” but that there are now early signs of easing as mortgage payments fall and housing credit increases in response to earlier rate cuts.
So, what does that mean for you?
While the Reserve Bank kept interest rates the same today, you might still be able to get a lower rate!
At Lending Solutions, we can help you in two ways:
Option 1: We negotiate a lower rate for you
We can talk to your current lender on your behalf and ask them for a better rate. We know what to say and how to ask, which makes it easier for you.
Option 2: Do it yourself with our help
If you’d rather speak to your lender yourself, just ask us for our Rate Reduction Request Letter. This letter shows you exactly what to say to give you the best chance of getting a lower rate.
Either way, it costs nothing to try – and you could save money every month!
Contact us if you’d like a copy of our Rate Reduction Request Letter.
Or simply reach out to discuss the current cash rate environment and how it may affect your current loan.
The next RBA rate decision will be on the 9th December 2025.
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