Posted Friday, 23 October 2015 at 11:45 by Shape Home Loans
Tagged: Loan for investment | APRA lending laws | Loan for owners occupier | Loan for investor | Investors | First home buyer | home loans | interest rates | news
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NAB's standard variable home loan interest rate will rise to 5.6 per cent, and the change will take effect on November 12, it applies to both home owners and investors.
- We expect ANZ to increase the rate as well. How much? our guess is 0.15-0.20, most likely toward the higher side given their STD variable rate is one of the lowest out of the Big 4.
- ANZ meets on the 2nd Friday of the month for their rate decision, so if they dont break the cycle their next announcement would be around 13/11/2015.