Westpac has followed ANZ and raised its home loan rates. It is the second bank to move after the Reserve Bank raised the official cash rate by a 75 points last week.
As with ANZ, Westpac is pushing its floating rate up to 7.99%. Its two-year special fixed rate goes up to 6.69% and its two-year standard rate goes up to 7.29%. See how it compares to ANZ here
Meanwhile, in our People section, Avanti has snared a long-term banker for its executive team and head of property. [Find out who here]
| « ANZ increases home loan rates | What's happening with bank home loan rates? » |
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