RBA Decision Today 3 February 2026: What It Means for Your Home Loan

The Reserve Bank of Australia has handed down its first interest rate decision for 2026, and as expected, borrowers across Australia are asking the same question:

What does this mean for my mortgage and should I be doing something now?

Whether the RBA held rates steady or adjusted them today, one thing remains true your lender’s rate does not always move in line with the RBA, and this is where many borrowers unknowingly overpay.

Why the RBA Decision Still Matters Even If Your Rate Hasn’t Changed (Yet)

RBA decisions influence how banks price money, but lenders often:

• Delay passing on cuts

• Pass on rises quickly

• Reprice margins independently of the cash rate

That means two borrowers with the same loan size can be paying very different rates, even after the same RBA decision.

This is exactly why reviewing your mortgage regularly matters not just when rates move.

What Borrowers Should Be Thinking About Right Now

After today’s decision, this is a smart moment to check:

• Whether your current rate is still competitive

• If your lender has quietly repriced your loan over the past 12–24 months

• Whether a discounted introductory rate could materially improve your cash flow

• If refinancing could reduce stress or free up monthly breathing room

Even small differences in rate can translate into hundreds of dollars per month on an average mortgage.

Current Competitive Rates Available Through RateUnity

At RateUnity, we negotiate directly with our banking partners to secure lower-margin pricing, and pass those savings back to borrowers.

Our current 2-year discounted variable rates include:

Loan Type	Variable Rate	Comparison Rate
Owner-occupied basic	4.89%	5.20%
Owner-occupied with offset	4.99%	5.30%
Investment loan (P and I)	5.04%	5.35%
Investment loan (interest only)	5.39%	5.70%

Rates shown are subject to lending criteria and Loan to Value Ratio. For LVRs between 60 and 80 percent, pricing is typically around 0.1 percent higher.

Should You Refinance After an RBA Decision?

An RBA announcement is often the trigger, but refinancing should be based on:

• Your actual rate vs what’s available now

• Your remaining loan term and structure

• Fees vs long-term savings

• Cash flow goals, not just headline rates

Many borrowers refinance before banks adjust pricing, rather than waiting.

How RateUnity Is Different

RateUnity was built to challenge the traditional mortgage model:

• We negotiate lower bank margins

• We reduce unnecessary broker commission layers

• We focus on real savings, not teaser rates

The result is simple better rates, clearer advice, and less stress.

What To Do Next?

If today’s RBA decision has you wondering whether you could be paying less, a quick review can give clarity.

👉 Speak with RateUnity to check whether a refinance or restructure could improve your position in 2026.

This information is general in nature and does not constitute financial advice. Rates and eligibility criteria apply.

RateUnity. Strength in Numbers for Better Mortgage Rates.