Today’s the day the RBA makes its next interest rate call. Our prediction? A 0.25% cut.

Last month, they stayed put — but this time, all signs point to a move. In fact, the market has already moved ahead of them.

The Lenders Aren’t Waiting

Right now, 18 lenders already have fixed rates starting with a “4”. One lender — Police Credit Union — even has a variable rate starting with a “4”.

Here are some of the best current fixed offers in the market:

  • Bank of Queensland – 4.89% (2-year fixed)
  • Great Southern Bank – 4.94% (3-year fixed)
  • The Mutual Bank – 4.94% (3-year fixed)
  • Street Fund Services – 4.95% (2-year fixed)
  • Regional Australia Bank – 4.98%
  • Bank Victoria – 4.98% (3-year fixed)
  • Pacific Mortgage Group – 4.99% (2-year fixed)
  • Hume Group – 4.99% (3-year fixed)
  • Macquarie Group – 4.99% (2-year fixed)
  • Police Bank – 4.99% (3-year fixed)

Lenders are competing hard for your business. The RBA might be behind the curve — but the banks are already cutting rates to get deals done.

Why This Matters Right Now

If you already own property:

  • Your mortgage repayments will drop as rates fall.
  • Cash flow improves, giving you more breathing room.
  • Extra discretionary income can be redirected into paying down debt faster or investing again.

If you’re a first home buyer:

  • Your borrowing capacity will rise as the cost of money drops.
  • You’ll be able to access more finance and compete more strongly in the market.

Our Take

We are officially moving into the rate-cut phase of the cycle. When rates go down, borrowing power goes up — and property prices usually follow.

This is your chance to:

  • Review your loans and lock in a sharper deal.
  • Use improved borrowing capacity to secure your first or next property before prices climb.

📌 TMAP Key Message:

The smart move isn’t to wait for the RBA — it’s to act while the lenders are already cutting. Secure the rate, secure the property, and position yourself before the market heats up.