How much you could save if the Reserve Bank cuts rates at its February meeting
NAB is the only big four bank to cut rates this year. Credit: Joel Carrett
One of Australia's 'big four' banks, NAB, has announced a cut in its fixed-rate mortgages across all loan terms — a couple of weeks before the Reserve Bank of Australia's (RBA) first meeting of 2025. NAB is the only big four bank to cut fixed rates so far this year but it's widely expected that other banks will follow suit. Listen to SBS Sinhala podcast for more information.
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