SINCE 1997

Latest RACQ News

End of a low-rate era

End of a low-rate era The lowest fixed home loan rate on record has been increased this week, unfortunately ending the ultra low rates we’ve been accustomed to.Greater bank lifted their 1-yr rate of

Residential buildings and easel with an interest rate rise trend red arrow up chart.
The lowest fixed home loan rate on record has been increased this week, ending the ultra low rates we’ve become accustomed to.

The lowest fixed home loan rate on record has been increased this week, unfortunately ending the ultra low rates we’ve been accustomed to.

Greater bank lifted their 1-yr rate of 1.59% to 1.89% for owner-occupiers paying principal and interest making 1.79% the new lowest rate on the market available from UBank, Qudos Bank and RACQ for 1 year.

Sally Tindale, research director at RateCity.com.au said it was unlikely we would see interest rates as …