Mortgage Rates Commentary

Monday 10th of August 2009

SBS Bank has this morning also made rate increases.  Its two-year rate rose by 20 bps to 6.55%, its three-year fixed rate went up by 45 bps to 7.45% and its five-year rate was increased by 30 bps to 8.30%.

Westpac is the latest major bank to increase its fixed rates for terms of 18 months or more. Its 18 month rate is up 10 points to 5.99%, and its biggest increase is to four year r...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.