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You can still get less than 1 percent mortgage rate, although lenders are increasing the cost based on last week's budget.Banks and building societies have been withdrawing contracts and raising interest rates on other mortgages in the past two weeks, signaling that the decade of falling interest rates for homeowners is coming to an end.But don't panic, because the...
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ANZ has pushed ahead with the increase in the official cash rate (OCR) expected on Wednesday with increases in mortgage interest rates for home loans with effect from Tuesday.It has increased its one-year fixed interest rate "special" by +14 basis points to 2.69%, its 18-month fixed interest rate by +15 basis points to 2.89% and its two- and three-year...
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