No Rate Cut? Here is Why You Might Still Save

In a bit of a surprise move on July 8, the Reserve Bank of Australia (RBA) chose to hold the cash rate steady again. This came as a surprise to many in the finance world—as a number of lenders were expecting a cut this time around.

But here’s where it gets interesting: while the RBA has stayed put, some lenders haven’t waited. Behind the scenes, they’ve already started adjusting their rates—or tweaking the way they apply discounts—effectively delivering lower rates to new or switched customers.

So even though the official rate hasn’t changed, you might still be able to save.

What’s happening?

Lenders are competing harder than ever for good-quality borrowers, and some are using quiet rate adjustments or special offers to stand out. We're seeing:

• “Hidden” discounts that reduce your rate without fanfare

• Competitive pricing for refinancers and loyal customers

• More flexible structuring options—like better offsets, fixed/variable blends or repayment tweaks

This isn’t always advertised—it’s often about how a lender applies the rate rather than the headline figure. And that’s where we can help.

Could you be paying too much?

If your loan hasn’t been reviewed recently—or your fixed rate is expiring—you could be missing out on these quiet changes. Even a small rate drop can translate to hundreds of dollars a month in savings.

That’s why we’re encouraging all House & Home Loans clients to take a fresh look at their loan.

What we’ll do for you:

Our brokers can:

• Review your current rate against the real market

• Explore restructuring options with your existing lender

• Negotiate for better pricing—or help you switch if it makes sense

It’s not just about refinancing. Sometimes a quick tweak can unlock big benefits without making a move.

What’s next?

Reach out to your broker for a quick review—it’s free, there’s no pressure, and it could put serious money back in your pocket.

Even if nothing’s changed with the RBA, things are shifting behind the scenes. And right now, the most proactive borrowers are the ones reaping the rewards.

Let’s make sure your loan is working for you—not holding you back.