TBH the rates are so cheap that cuts now make little difference. The interest part of my mortgage repayments are a fifth of the repayment part.
(Years ago I remember thinking I was lucky getting a 5 year fixed rate of 5.09%)
yes, I'll be very surprised if it's handed on significantly to the individual borrower anyhow.
@fredtc started
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TBH the rates are so cheap that cuts now make little difference. The interest part of my mortgage repayments are a fifth of the repayment part.
(Years ago I remember thinking I was lucky getting a 5 year fixed rate of 5.09%)