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The Reserve Bank of Australia has lowered the official cash rate by 0.25%, setting it at 3.85%. This is aimed at easing cost-of-living pressures and encouraging economic activity. For homeowners, the change could lead to reduced mortgage repayments, offering financial breathing room. Meanwhile, those considering building a new home may find borrowing conditions more favourable, making it an opportune time to move forward with their plans.
So, what does this mean for you? Lower interest rates can lead to smaller loan repayments — putting more money back in your hands.
Your dream home just became even more within reach!
By lowering interest rates by 0.25%, many Australian homeowners could see meaningful savings on their mortgage repayments.
For example:
On a $100,000 loan, you could save around $250 per year
On a $500,000 loan, that’s up to $1,250 annually.
And for a $1,000,000 loan, savings could exceed $2,500 each year.
It’s a good time to check in with your lender or explore financing options. Even a small rate change can significantly reduce your interest costs over time, especially on larger loans.
Want to see how much you could save? Use our savings calculator or get in touch with our team for a tailored breakdown.
Navigating a construction loan can be overwhelming — there are up to 34 points in the process where customers can feel lost, delayed, or frustrated, and that’s just when dealing with one lender.
That’s where your Domaine Homes Construction Loan Specialist, powered by Loan Market, steps in. Instead of managing everything yourself, you’ll work with one dedicated expert who takes the stress out of the process. They’ll search through hundreds of loan products from over 30 reputable lenders to find finance that suits your goals, timeline, and budget.
And best of all? They do this every day for Domaine Homes customers — and they do it well.
Access to 30+ lenders and hundreds of loan options, including exclusive deals
Skilled negotiators working to secure highly competitive interest rates
No interest charged on overdue progress payments
Tender expiry guarantee — protecting you from unexpected price increases
Just $10,000 required before signing your contract
Only a 10% deposit needed to begin construction
Expert advice and end-to-end service — at no additional cost to you
Bonus Offer: Secure your loan through our Finance Manager and receive a $500 Eftpos Visa Gift Card in your handover pack once your new home is complete.*
*This offer applies to loans that receive unconditional approval through our Finance Manager. Standard lending criteria must be met to qualify. The gift card is not redeemable for cash or discounts.
Curious about how much you could borrow and what your repayments might look like? Loan estimates—especially for interest-only options—are based on specific terms, such as a 5-year interest-only period for variable loans or fixed durations for fixed-rate products. During these initial periods, your repayments typically cover interest only, meaning your loan balance stays the same.
Not all lenders assess your application the same way. Borrowing limits can vary significantly between banks, potentially impacting whether you can build your ideal home or have to compromise.
Our expert Finance Managers understand the unique lending criteria of each bank. They’ll highlight the strengths of your application to help you borrow more — and get you closer to your dream home.
Over 60 banks and lenders you know and trust in the one place.