The RBA dropped the cash rate in May 2025, will Tiimely Own drop its variable rates?

The RBA dropped the cash rate, and we’re passing it on. From 6 June 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.