We know many of you are wondering what today’s Reserve Bank of Australia (RBA) announcement means for you and your home loan repayments. We’re currently reviewing our interest rates and will share an update shortly via our website and official channels, including Facebook - so watch this space.
Periodic payments are amounts paid at regular intervals such as weekly or fortnightly. You can set-up repayments so they automatically adjust to your minimum monthly payment. This means when interest rates decrease or increase your payments change to reflect the new interest rate. To arrange this feature, send us a secure email via Internet Banking or contact us.
