We know that home loan interest rates are increasing across Australia at the moment, and it's been a while since we’ve seen rates rise. So we understand that you’ll be wondering about it.
IBA is currently reviewing its interest rate settings. We are aware of the current financial pressures on our customers and are carefully assessing our position. IBA does base its interest rates on market rates and will change its rates in the coming months. All impacted customers will be notified, in writing, prior to a change to their interest rate and loan repayment amount.
To help you prepare for future interest rate increases, IBA offers a range of free workshops to build your financial management skills.
If you have any concerns about managing your home loan repayments or are experiencing financial difficulty, please contact us to discuss your circumstances.
General inquiries: 1800 107 107
Financial Hardship: 1800 064 800
We’re always here to help and happy to have a yarn.