Melbourne Cup day is making winners of Aussie home buyers as the RBA continues to hold the cash rate at a historic low of 0.75%.

So, even if your horse didn’t win this year, today’s rate could still see you pocket the winnings of lower home loan repayments.

Here’s how you could benefit.

Rates that start with a ‘2’ – does yours?

With the cash rate just under zero, we’re seeing home loan rates which are below 3.0%.

That makes it important to check what you’re currently paying.

To find out if you could save with a home loan rate that starts with a ‘2’, go straight to Aussie.

Home values heat up

With interest rates at record lows, it’s no surprise that home buyers are flocking to the property market. The last week of September saw auction clearance rates of 74% across the nation, a massive uptick on the clearance rate of 52% seen this time last year. Increased buyer demand is helping to push up home values nationally, with property values rising 0.8% in August

Investors make their move

Low rates plus improved prospects for capital gains are seeing investors flock back to the market. Demand for investment home loans rose 12% between June and August alone.

There’s another sweetener for property investors too. The gap between interest rates and rental yields is narrowing.

Rental yields are around 3.7% nationally, while the average 3-year fixed rate for investors is sitting at 3.8%. This is making it a lot more achievable to find that elusive gem – a positively geared property.

Now could be the time to grow your property portfolio. Go straight to Aussie to find out how.