If your loan is due for refinancing this 2026, it’s important to be aware of the RBA’s latest update. While borrowing could be easier in some areas, persistent inflation means lenders are likely to remain cautious.
What the RBA sees:
-
Borrowing costs are lower because of recent interest rate cuts.
-
Loans are still widely available, and extra charges for risk are low.
-
But inflation is likely to stay above 3% until late 2026.
Why this matters for you:
When inflation stays high, lenders tend to be more cautious. This can affect:
-
Loan pricing
-
How willing lenders are to lend
-
Refinancing options
It doesn’t mean loans will become hard to get—but if you need funding in 2026, it’s smart to plan early rather than wait.
Next steps:
If you want to see how your current loan compares to 2026 conditions—or check what different banks are offering—Contact Us and I can guide you through your options.