The RBA dropped the cash rate, will Tiimely Own drop its variable rates?

On Aug 12, 2025, the RBA dropped the official cash rate, and we’re passing it on. From 27 August 2025, Tiimely Own's variable rates will decrease by 0.25% p.a. for new and existing customers.

Here are a few other burning questions you might have, answered.

If I submit now and my Tiimely Own home loan is approved before the rate drop, will I still get a lower rate?

Yes - if your loan settles before the drop, you’ll still benefit. We'll automatically pass on the rate change to your loan when it takes effect.

Should I wait to lock in the lower rate?

There’s no need to delay. Your rate will update automatically when the drop takes effect – and you can start enjoying your new home (and your savings) sooner.

Is there a risk I’ll miss out on the lower rate if I apply too early?

No – timing your application early gives us time to process and approve it, and the rate you receive at settlement will reflect the new lower rate (if applicable).

Will I be locked into the current rate if I apply now?

Not at all. Our variable rate updates automatically at settlement. Applying now simply gets the process started – you'll benefit from any rate changes that occur before your loan settles.