What the Latest Interest Rate News Means for Homeowners

Written By Dani Tillett

In 2025, keeping up with interest rate news is more important than ever. Whether you’re a new buyer, existing homeowner, or investor, Reserve Bank of Australia (RBA) announcements can significantly affect your financial plans.

So, what does a rate change really mean?

If interest rates fall:

  • Your repayments may reduce if you’re on a variable rate

  • You may qualify for a higher loan amount

  • Fixed-rate borrowers won’t benefit immediately, but may refinance

If interest rates rise:

  • Monthly repayments increase for variable rate borrowers

  • It may be harder to qualify for a new loan

  • Your household budget may tighten

What you should do:

  • Understand your current loan type (variable or fixed)

  • Review your current rate and fees

  • Consider switching lenders or loan types

  • Talk to a broker to model repayment scenarios

At iChoice, we monitor market changes and help you act strategically, whether that means locking in a rate, refinancing, or reviewing your budget. Knowledge is power, especially when interest rates are moving.

Dani Tillett
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