Australian Home Loan Interest Rates in July 2019.
The RBA reduced the Reserve Bank Cash Rate down to 1.00% at the beginning of July 2019.
Most banks have indicated they will bring their rates down, but not all at the full 0.25%.
UBank
Ubank are passing on the full rate cut again! All their variable rate home loans will reduce by 0.25% p.a., effective August 2nd 2019. www.ubank.com.au
NAB
NAB has announced it will reduce its variable home loan interest rates by 0.19% per annum, from 12th July 2019. news.nab.com.au
ING
ING will be decreasing all owner occupier and investor variable home loan rates by 0.20% p.a. The new rates are effective Thursday 18 July 2019.
news.nab.com.au/news_room_posts
Lowest Variable Rates after the July Rate Cut changes.
3.34% Ubank after 0.50 combined rate cuts in June and July.
3.35% NAB after 0.44 combined rate cuts in June and July.
3.35% CBA after 0.44 combined rate cuts in June and July.
3.38% ING after 0.45 combined rate cuts in June and July.
3.38% ANZ after 0.43 combined rate cuts in June and July.
3.48% BankWest after 0.44 combined rate cuts in June and July.
3.49% Suncorp after 0.39 combined rate cuts in June and July.
3.58% Westpac after 0.40 combined rate cuts in June and July.
3.58% St George after 0.40 combined rate cuts in June and July.