Bluestone Home Loans has announced a reduction in baseline rates across several pricing tiers, following the Reserve Bank’s (RBA) decision to hold the official cash rate steady.
The new rates apply to Bluestone’s Prime and Near Prime residential home loan products, reinforcing the lender’s commitment to helping brokers deliver more competitive options to a wider range of Australian borrowers.
The announcement comes as Bluestone continues to grow its specialist lending portfolio. The lender’s self-managed super fund (SMSF) loan book now makes up more than 7% of its overall loan book, reflecting increasing demand from Australians seeking control and flexibility through SMSFs.
The move follows strong uptake of Bluestone’s recent promotional offer and reflects its broader strategy to support brokers and customers in a stabilising interest rate environment.
“While today’s hold in the cash rate may not have been the outcome many borrowers were hoping for, we’re pleased to be able to deliver some good news,” said Tony MacRae (pictured left), chief commercial officer at Bluestone. “These rate reductions are about giving brokers more opportunities to support their clients, and helping more Australians access flexible, competitive home loan solutions in a changing market.”
Richard Chesworth (pictured right), Bluestone’s head of specialised distribution, noted that SMSF lending has become an increasingly important broker opportunity.
“Don’t shy away from them,” Chesworth said. “They’re 18 years old now; they’re not new. They’re established. And as a broker, you’re licensed to provide credit advice. … The customers need brokers. So don’t shy away from it. And partner with a lender who’s got experience in the SMSF lending space, like Bluestone.”
The updated rates are now live for Bluestone’s accredited broker network. Brokers can access the new pricing through the Bluestone Broker Hub or by contacting their dedicated BDM.
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