We’re making changes to our home loan rates

Important Update for Our Existing Home Loan members

In response to the Reserve Bank of Australia (RBA) board’s announcement to decrease the cash rate by 0.25 of a percentage point, we are pleased to announce that effective 12 March 2025, most existing variable Home Loan holders will be receiving a decrease to their home loan rate by up to 0.25%p.a. This also applies to Home Loans funded prior to 12th March.

What happens next?

As a result of the changes above, your repayments will change and this will be reflected in your next repayment that falls due after 12th March 2025. You’ll be able to view the new repayment amount when you log into internet banking after the 12th March 2025. Please note, any repayments due before the effective date will remain at the old repayment amount.

For members on a Fixed Rate, as per our terms and conditions, the rate will roll over to the current standard advertised rate at the time of expiry.

Interest rates for new fixed and variable loans are available here and are subject to change.

If you’d like to discuss this update further, please email askus@communityfirst.com.au or call our team on 1300 13 22 77.