Can Banks Increase Interest Rates When The RBA Cash Rate Holds? | Lendi
Today Lendi is going behind the scenes with some of our mortgage experts to discuss if banks or lenders can increase your interest rates even when the official RBA cash rate doesn't change.
0:00 - Intro
0:08 - Can banks or lenders increase rates even when the cash rate doesn’t change?
0:27 - Even in a market where rates are generally expected to remain stable or decrease, banks or lenders can still choose to increase rates?
0:55 - What should borrowers do to protect themselves from potential rate increases?
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