RESI Agility – Interest Rate Update, May 2023

10th May, 2023 | Agility Product

As you are aware, the Reserve Bank of Australia (RBA) increased the official cash rate by a further 25bps following their May meeting.

As a result, we will be increasing the variable interest rates for all Resimac-funded home loan customers by 25bps. We will also be increasing the new business variable rates across all our home loan products by 25bps – Prime (Full Doc), Prime Alt Doc and Specialist (Full Doc and Alt Doc).

These changes come into effect on Thursday 11 May 2023.

If you have any questions, please don’t hesitate to reach out to RESI support at [email protected]

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