ANZ National Bank has been quick to follow ASB and increase short term home loan rates.
Both its banks have increased floating, six month and one year rates. Details in our rates table and story here
ASB opened the rate hike floodgates after a week long stand-off between banks following the OCR increase of 25 basis points to 2.75% last week.
Westpac, though, moved its floating rate up before last week's OCR announcement.
| « ASB first to hike rates | Yep, it's the two-year market for SBS » |
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