BOQ interest rate update
Following the Reserve Bank of Australia’s (RBA) decision to lift the cash rate by 0.25%, BOQ will lift variable home interest rates by 0.25% per annum (p.a.) from Friday 10 November 2023.
BOQ understands the importance of making sure its customers feel rewarded and will continue to regularly review rates.
If you're a customer with us and your loan rate increases, rest assured we will write to you to advise you of your new repayment amount and when it takes effect.
For more information, view our media release here.
What this means for you
As interest rates rise, you may be wondering what this means for your home loan. We understand the importance of staying informed and being prepared.
Paying off your home loan
Find the best loan to suit your current situation.
Review the numbers
Our calculators can help homeowners budget for rising repayments.
In the event of interest rates rising, it’s good to be prepared so you can budget for your home loan.
Our calculators can help you work out what your new repayments will be, how much you can borrow, and the best home loan for you out of fixed, variable, or split repayments.
Your financial future
Tips and tools to help you budget when interest rates increase.
Maximise your savings
Whether you’re saving for something special, or just a rainy day, here are our best savings accounts and term deposits to help you reach your goal.