RBA Cuts Cash Rate to 3.60% — What It Means for Your Mortgage 🏦
The Reserve Bank has lowered the cash rate to 3.60%, offering relief to millions of Australian households with mortgages. Discover how this change could impact your finances and what to expect next.
7NEWS Australia
7.0K views • Aug 12, 2025
About this video
Millions of Australian households are set for a fresh round of mortgage relief after the Reserve Bank slashed the cash rate for a third time in 2025. Should lenders pass the cuts on in full, variable mortgage holders with a $600,000 debt could see their minimum monthly repayments drop by $89. #interestrates #costofliving #rba #mortgage #7NEWS
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Views
7.0K
Likes
72
Duration
0:41
Published
Aug 12, 2025
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4.3
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