40 Forty » Interest Rate http://www.40forty.com.au Home & Commercial Finance Fri, 19 Feb 2021 04:55:01 +0000 en hourly 1 http://wordpress.org/?v=4.2.3 How your interest rate affects your mortgage http://www.40forty.com.au/loans/how-a-change-to-interest-rates-affects-your-mortgage/ http://www.40forty.com.au/loans/how-a-change-to-interest-rates-affects-your-mortgage/#comments Tue, 21 Jun 2016 09:43:51 +0000 http://www.40forty.com.au/?p=1445 The rate of interest you’ll pay on your mortgage depends on a combination of three key factors. These are the Reserve Bank of Australia’s (RBA) cash rate, your lender and the type of loan you have.

Reserve Bank of Australia (RBA)

The RBA meets monthly and they have the ability to adjust the cash rate in order to keep …Read More

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