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Australia - NAB hikes home loan rate

Discussion in 'Market News' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    National Australia Bank have raised their variable mortgage rate by 17 bp Follows WPAC hike of 20bp last week, and CBA yesterday (15bp) These are 'out of cycle' rate hikes; that is, the RBA is not hiking (as if ...) but the major commercial banks here in Australia are. ANZ is the only one yet to hike. They will. The hikes are all to do with regulatory requirements.

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