Great news for borrowers! Following the much-anticipated RBA decision, MA Money is reducing variable rates by 0.25% across all products for both new and existing customers, effective 17 March 2025.
This move ensures customers continue to benefit from competitive rates, providing much-needed relief in a changing economic landscape.
You can view all of our current rates in our Rate and Product Guides on our Resources page. These will be updated with the new rates on 17 March.
How Much Can Borrowers Save?
A 0.25% interest rate reduction might not seem like much at first glance, but over the life of a loan, the savings add up significantly.
For example, on a $600,000 home loan with a 30-year term, a 0.25% rate drop translates to around $100 less per month in repayments (depending on their current interest rate).
What this means for your clients
✅ Borrowers may qualify for a higher loan amount – As repayments decrease, some customers may find they can borrow more while still meeting lender serviceability requirements.
✅ Refinancing may become more accessible – For those who were previously unable to refinance due to tighter serviceability assessments, this rate reduction may open up new options.
✅ Lower monthly commitments improve affordability – Reduced repayments mean borrowers have more disposable income, potentially improving their ability to manage living costs alongside their mortgage.
A Win for Brokers and Customers
For brokers, this rate cut is a great opportunity to reconnect with clients who may benefit from refinancing or new lending options. With no credit scoring and a flexible approach to assessment, MA Money provides solutions tailored to each borrower’s needs.
As always, our BDMs are here to help — reach out if you’d like to workshop a scenario or discuss how this change can benefit your clients.
