Home loan price inquiry 2019-20

This interim report for the home loan price inquiry focuses on the prices charged for home loans since 1 January 2019, in particular:

• the difference between advertised interest rates and interest rates paid by home loan customers
• the difference between interest rates paid by customers with new loans and customers with existing loans
• home loan suppliers’ pricing decisions following changes in the RBA’s target for the cash rate, including why suppliers reduced their headline variable rates by as much as they did and how suppliers’ cost of funds affected these decisions.

The interim report was provided to the Treasurer on 30 March 2020 and published on 27 April 2020.