When lenders change their rates, typically off the back of the RBA announcements, here's a breakdown of the colours you might see in the Product Rate column 👇🏻

🪙 Grey Rates are for lenders who haven't announced any changes yet. They will remain grey for 14 days after an RBA change and then revert to green.

🟢 Green Rates are up-to-date.

🟡 Yellow Rates are when lenders have announced a future rate change but its effective date hasn't come yet. Whenever you see Yellow, we'll also include a helpful little blurb with when we expect the rate to change.

🔴 Red Rates are for the lenders that have announced a rate change and Quickli hasn't updated yet. We don't anticipate you'll be seeing much red because our QC team usually has rates updated within a couple hours of them being released by lenders. But if you see a Red Rate you can see by how out of date it is in the explainer when you hover your cursor over the rate.

If you ever encounter a yellow or red rate you can use the Rate Override button to see how your deal will service with the new rates here

Or you can use the Adjust Rates input to either add or subtract the expected rate change 👇🏻

If you have questions or concerns about the rates that are displayed reach out to us on the chat box 🤓

Happy Calc'ing!