Fixed mortgage rates starting with a ‘5’ or ‘6’ the new norm from the big four banks

Westpac is the latest big bank to substantially hike fixed rates, as funding costs surge. Ultra-low fixed rates under 2 per cent are now a distant memory.

ANZ predicts four more double RBA hikes by November

If the cash rate gets to 3.35% by November, as forecast by ANZ, the average borrower could be paying a total of $909 more a month in the space of seven months.

CBA says cash rate could hit 2.6% by November – what will that cost borrowers?

RateCity analysis shows the average borrower could see their monthly repayments rise by $687 in total if the cash rate gets to 2.60% by November.

Big four bank savings rate hikes start from today – has your account gone up?

The big four banks have started to raise savings rates – but only on select accounts.

NAB joins CBA, ANZ in hiking variable home loan and savings rates

NAB has announced it's passing on the full 0.50% RBA hike to variable rate mortgage customers and Reward S

ANZ joins CBA and hikes home loan and some savings rates by 0.50%

ANZ has followed CBA and hiked variable rate mortgages and some savings account by the full 0.50 percentage points.

CBA hikes home loan rates and some savings accounts by 0.50%

Australia’s largest bank, CBA, is the first of the big four to announce it will pass yesterday’s double cash rate hike onto its variable home loan customers.

RBA prescribes Australia with another double dose rate hike

The RBA hiked the cash rate by 0.50 percentage points to 1.35% .After three consecutive hikes, the cash rate is now at its highest point in three years.

Australia’s love affair with fixing ends as refinancing surges

New borrowers have turned their backs on fixing, with just 12% of the value of new home loans fixed in May, according to the ABS.

NAB follows CBA and hikes fixed rates

Australia’s third largest lender, NAB, has followed in CBA’s footsteps and hiked fixed rates for owner-occupiers and investors by up to 1.10% points.