How does the RBA interest rate cut affect you? | Australia March 2020

On March 3, the RBA cut interest rates to an all-time low of 0.50% in Australia. The announcement comes as a surprise to some analysts and economists but has been linked to recent stock market woes and the economic impact of the coronavirus.

↓ Did your lender cut your rate? ↓
https://www.finder.com.au/lenders-cutting-rates-rba-march-2020?utm_source=youtube&utm_medium=video&utm_campaign=fv&utm_content=RBAMarch20&utm_term=guides

If you've got a variable rate home loan, this announcement is great news. Make sure to check with your lender to ensure they are passing on this full cut to you.

Our full coverage of the RBA cash rate
https://www.finder.com.au/rba-cash-rate?utm_source=youtube&utm_medium=video&utm_campaign=fv&utm_content=RBAMarch20&utm_term=guides

How to refinance your home loan
https://www.finder.com.au/home-loans/refinancing-home-loans?utm_source=youtube&utm_medium=video&utm_campaign=fv&utm_content=RBAMarch20&utm_term=guides

Disclaimer: This is general advice only. Consider your own circumstances, or get advice before you make any decision about the topics discussed. ACL 385509/CAR 432664.

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