What rate are you paying on your Variable Home Loan?

[saslia]

Currently ours is 6.41% will be going down to 5.41% after the rate last week.

[Jaycee]

Ours is now 6.91 and will be 5.91 soon due to last week's rate cut.
I think maybe the reason you are paying a higher rate than when the loan was first set up is because your bank hasn't passed on the full rate cut each time?
Hope that helps

[Danni]

Ours is currently 6.34% and as of the 16th February, it will drop to 5.34%

[Nicambhar]

ours is 6.04% and will drop to 5.04% when they finally adjust the rate .

[AnyDream]

Ok, rang the bank, they are dragging their heels (making a profit like usual) and the rate will change by a full 1% on the 13th. There was a rate change last week - but that was before the RBA's announcement (ie prolly the bank dragging their heels making a huge profit on the previous rate cut).

[Yael]

Ours is 5.43% and we have to wait until the 19th to see how much of the rate cut will be passed on.

[Megan]

We're currently paying 6.01% and with the rate cut will be at 5.01%

[Aimz]

I work for a credit union and currently our staff rate is 5%!!!!!! Pity my loan isn't with them and Wizard want to charge me $14K to get out of my fixed loan!!!!

[Loula]

We're currently paying 6.01% and with the rate cut will be at 5.01%

Hey Megan who you with ? we are about to change our lender