Refinance My Mortgage :: News
SHARE

Share this news item!

Over Two Dozen Lenders Yet to Increase Mortgage Rates Amid RBA Hike

Exploring Borrower Opportunities as Some Lenders Maintain Current Rates

Over Two Dozen Lenders Yet to Increase Mortgage Rates Amid RBA Hike?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In the wake of the Reserve Bank of Australia's (RBA) recent cash rate increase to 4.35%, a notable trend has emerged among Australian lenders.
While many major banks have promptly passed on the rate hike to their customers, over two dozen lenders have yet to adjust their mortgage rates.
This development presents a unique opportunity for borrowers seeking more favorable loan terms.

According to data from Canstar, approximately 60 lenders have scheduled rate increases following the RBA's decision. However, a significant number, including institutions like Citi and RAMS, as well as digital lenders such as Athena, Unloan, and Tiimely Home Loans, have not announced any changes to their owner-occupier mortgage rates. This delay in rate adjustments offers a window for borrowers to explore refinancing options or negotiate better terms with their current lenders.

For homeowners considering refinancing, this period could be advantageous. Engaging with lenders who have maintained their rates may lead to securing lower interest rates or more flexible loan features. It's essential for borrowers to conduct thorough research and compare offerings from various lenders to identify the most beneficial options.

Additionally, consulting with mortgage brokers or financial advisors can provide personalized insights tailored to individual financial situations. These professionals can assist in navigating the complexities of refinancing and help borrowers make informed decisions that align with their long-term financial goals.

As the lending landscape continues to evolve in response to RBA policies, staying proactive and informed will empower borrowers to make choices that best suit their needs and circumstances.

Published:Saturday, 23rd May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

Sign in with Google to rate

0 Comments

No comments yet. Be the first to share your thoughts.

Finance News

Why a Firmer Property Market Could Matter for Your Refinance
Why a Firmer Property Market Could Matter for Your Refinance
26 Aug 2026: Paige Estritori
Fresh property market reporting points to a more confident housing backdrop heading into spring, with buyer activity and listing conditions showing signs of improvement across parts of Australia. For homeowners considering a refinance, this is more than a real estate headline. After a period of earlier softness, firmer values can change the conversation with lenders. - read more
Fixed Loans Are Back in the Refinance Conversation
Fixed Loans Are Back in the Refinance Conversation
19 Aug 2026: Paige Estritori
Fixed-rate home loans are moving back into focus for Australian homeowners as lenders sharpen selected offers and borrowers look for more certainty in a still-expensive repayment environment. After a long period in which many households stayed variable to avoid locking in at elevated levels, fresh market comparisons suggest fixed options are again worth a closer look for refinancers who want budget stability. - read more
Refinancers Keep Testing the Market as Loan Pressure Lingers
Refinancers Keep Testing the Market as Loan Pressure Lingers
12 Aug 2026: Paige Estritori
Fresh lending indicators suggest Australian homeowners are still looking closely at whether their existing mortgage remains competitive, even as the market becomes more cautious. While new borrowing demand has been uneven, refinancing continues to stand out as an area where established borrowers can take practical action rather than simply waiting for the next Reserve Bank decision. - read more
New Refinance Awards Put Loan Value Under the Microscope
New Refinance Awards Put Loan Value Under the Microscope
04 Aug 2026: Paige Estritori
Fresh refinance award analysis has added a timely reminder for Australian homeowners: a competitive home loan is not judged by the advertised rate alone. While interest rates remain the headline figure most borrowers notice first, recent market comparisons are placing more emphasis on the overall value of a refinance offer, including fees, loan flexibility, repayment options and borrower support. - read more
Click for more Finance News


Home Loan Articles

Choosing the Right Lender: Maximising Your Benefits in Mortgage Refinancing
Choosing the Right Lender: Maximising Your Benefits in Mortgage Refinancing
Mortgage refinancing involves replacing your current home loan with a new one, often to benefit from better terms. This financial maneuver is commonly pursued to seize lower interest rates, reduce monthly payments, or alter the loan term. It can also provide cash by tapping into the equity you've built up in your home. - read more
How to Prepare for a Smooth Refinance Experience
How to Prepare for a Smooth Refinance Experience
Mortgage refinancing refers to the process of replacing your existing home loan with a new one, typically under different terms. Essentially, you're paying off your old mortgage with a new loan. This can be an extremely useful financial maneuver, allowing homeowners to benefit from better interest rates or change their loan type to suit their current needs. - read more
The Hidden Perks of Refinancing: More Than Just Lower Interest Rates
The Hidden Perks of Refinancing: More Than Just Lower Interest Rates
In the realm of homeownership, mortgage refinancing stands out as a valuable tool for financial management. At its core, refinancing refers to the process of revising and replacing the terms of your existing mortgage agreement. Homeowners choose this path for various reasons, such as accessing a better interest rate, altering the loan term, or tapping into home equity. - read more
Is It Time to Refinance? Signs That You Should Consider Mortgage Options
Is It Time to Refinance? Signs That You Should Consider Mortgage Options
Mortgage refinancing involves replacing your existing home loan with a new one, usually to take advantage of better interest rates or terms. By switching lenders or renegotiating with your current lender, refinancing can lead to lower monthly payments, reduced loan terms, or access to equity for other expenses. - read more

Knowledgebase
Balloon Payment.:
A large loan repayment made in order to clear a debt. Usually applied to a short-term fixed-rate loan, which involves small payments for a certain period of time with one large payment for the remaining amount of the principal at a time specified in the future.

Quick Links: | Mortgage Refinancing Australia | Refinance Mortgage Australia | Best Mortgage Rates | Mortgage Refinancing Options | Mortgage Comparison | Refinance Mortgage Calculator | Low Interest Mortgages | Mortgage Refinance Benefits | Switching Mortgage Lenders | Mortgage Refinancing Process | Mortgage Refinance Eligibility
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We act solely as an introducer and refer enquiries to licensed third-party brokers, insurers, and lenders. We do not provide financial product advice or credit assistance. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should independently verify the credentials and licensing of any adviser or provider you engage. Visit the ASIC website for further information.