Following the recent Reserve Bank of Australia's official cash rate cut in May, Connective Bridge will lower interest rates by 0.25%. Plus, we have recently launched our new Stay Rate¹ for upsizers. Once your client sells their outgoing property or properties, the interest rate on the residual debt will decrease to our Stay Rate.
Here's what the new rates look like:
| Owner Occupied | Investment | |
|---|---|---|
| Bridge rate | 7.99% p.a | 8.49% p.a |
| Stay rate1 | 7.04% p.a | 7.54% p.a |
Rates will be reflected in Mercury and advertised from the 11 June 2025.
This information is subject to change at any time, please always refer to the latest rate card in Mercury for most up-to-date information.
If you would like to understand how this will impact your customers, or have a question about our rates, get in touch with your local Bridge BDM or CHL BDM.
1The Stay Rate will apply if a repayment is made from the sale of outgoing properties (or another repayment method) and the repayment reduces the loan balance to an amount that is equal to or less than the residual loan balance stated in the offer.
