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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.

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Knowledgebase
Loan-to-Value Ratio (LTV):
A ratio that compares the value of the loan to the market value of the property securing the loan.