Commonwealth and ANZ raise mortgage rates, blaming rising costs

Australia’s largest lender said that rates would increase by 0.15 percentage points in October, while ANZ hikes by 0.16 points

Commonwealth Bank and ANZ have followed their rivals in lifting its variable mortgage rates, pleading increased funding costs.

Related: Mortgage hikes show the dancing is nearly over at Australia's credit party

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from The Guardian https://ift.tt/2MRKMOL
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