Posted Friday, 24 March 2017 at 11:40 by Shape Home Loans
Tagged: interest rates | Investors | LVR for investors | Loan for investment | Loan for investor | Loan for owners occupier | Rate Change
Read more blogs...
Traditionally fix rate is connected to the international bond market, with an increase in the bond rate over the last 1 week we expect the rate rate to come under some presure and rates to increase over the next 1-2 weeks. Rates will move around 0.07% -0.20%
Today westpac was the first bank to announced an increase on it's fixed rate- Increasing most by around +0.10% to +0.17% ( for owners and investors)
Big 4 banks will be the hardest hit due to their overseas exposure.