25/09/2026
A change in the prime lending rate may look small on paper. On a home loan, however, it changes the monthly commitment.
With the prime lending rate now at 10.75%, buyers financing a property will need to factor the higher repayment into their affordability calculations.
For someone purchasing a home, the numbers matter before the agreement is signed, not after.
Beyond the purchase price and monthly bond repayment, buyers should also understand the costs associated with the transaction and the legal process involved in transferring ownership.
At Chapman Dyer Inc., our Conveyancing team guides clients through the property transfer process and helps ensure they understand what to expect along the way.
Buying property? Get the right advice before you sign.
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