Search: SVR
RBA Glossary definition for SVR
SVR – Standard Variable Rate
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Domestic Financial Conditions
6 Feb 2020
SMP
– February 2020
Lenders lowered their standard variable rates (SVRs) by an average of 60 basis points following the reductions in the cash rate, which automatically flowed through to all variable-rate loans. ... equal). Graph 3.9. Graph 3.10. The fact that average
https://www.rba.gov.au/publications/smp/2020/feb/domestic-financial-conditions.html
Box C: Do Borrowers with Older Mortgages Pay Higher Interest Rates?
6 Feb 2020
SMP
– February 2020
Very few borrowers actually pay interest rates as high as the standard variable rates (SVRs) published by lenders. ... For instance, the major banks' ‘package’ mortgage interest rates for owner-occupier loans currently attract a discount of around
https://www.rba.gov.au/publications/smp/2020/feb/box-c-do-borrowers-with-older-mortgages-pay-higher-interest-rates.html
5 November 2019 | Minutes of the Monetary Policy Meeting of the Board
19 Nov 2019
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 November 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-11-05.html
Domestic Financial Conditions
8 Nov 2019
SMP
– November 2019
Lenders decreased their SVRs for investor interest-only (IO) loans by more than for other types of housing loans. ... Graph 3.10. Table 3.1: The Cash Rate and SVRs. Basis points. Cash rate change.
https://www.rba.gov.au/publications/smp/2019/nov/domestic-financial-conditions.html
Box D: The Distribution of Variable Housing Interest Rates
8 Nov 2019
SMP
– November 2019
Very few borrowers actually pay mortgage rates as high as the standard variable rate (SVR). ... The interest rates paid by most borrowers fall between the lowest advertised rate and the SVR.
https://www.rba.gov.au/publications/smp/2019/nov/box-d-the-distribution-of-variable-housing-interest-rates.html
The Usual Transmission – Monetary Policy and Financial Conditions
13 Aug 2019
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to Finance & Treasury Association, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-08-13.html
Domestic Financial Conditions
9 Aug 2019
SMP
– August 2019
Graph 3.8. Following the reductions in the cash rate, lenders reduced their standard variable rates (SVRs) on housing loans by an average of 44 basis points (23 basis points in ... Moreover, preliminary data suggest that actual rates paid on new loans
https://www.rba.gov.au/publications/smp/2019/aug/domestic-financial-conditions.html
Domestic Financial Conditions
10 May 2019
SMP
– May 2019
Graph 3.8. Average housing interest rates are little changed from the levels seen in August 2018, despite increases in most lenders' standard variable rates (SVRs) of around 15 basis points ... The smaller rise in average rates actually paid relative to
https://www.rba.gov.au/publications/smp/2019/may/domestic-financial-conditions.html
Developments in Banks' Funding Costs and Lending Rates
21 Mar 2019
Bulletin
– March 2019
Banks' funding costs increased a little over 2018, driven by a rise in the cost of wholesale funding linked to money market rates, but with some offset from reductions in the cost of retail deposits.
https://www.rba.gov.au/publications/bulletin/2019/mar/developments-in-banks-funding-costs-and-lending-rates.html
Domestic Financial Conditions
10 Feb 2019
SMP
– February 2019
Graph 3.8. Most banks have increased their standard variable rates (SVRs) by around 10–15 basis points since September last year. ... While preliminary APRA data suggest that banks passed on some of the SVR increases to new loans in the December quarter
https://www.rba.gov.au/publications/smp/2019/feb/domestic-financial-conditions.html