NAB’s Consecutive Fixed-Rate Home Loan Hikes: What Does It Mean for Borrowers?

2023-07-31T07:10:46+10:00

NAB's Consecutive Fixed-Rate Home Loan Hikes: What Does It Mean for Borrowers? Your Content Goes Here The National Australia Bank (NAB), one of the 'Big Four' banks in Australia, recently raised fixed-rate interest for owner-occupiers and investors by up to 0.20 percentage points for the second week running. This culminates in some rates climbing by a substantial 0.50 percentage points in just eight days. A close observation of NAB's actions reflects a broader trend in the market. According to RateCity.com.au's research, 77 lenders raised at least one fixed rate in the last month. It’s crucial for potential [...]