NAB raises mortgage interest rates for owner-occupiers, investors

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Some homeowners will be hit with higher mortgage costs from the end of this month, as the National Australia Bank raises its interest rates for both owner-occupiers and investors with variable home loans.

 

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Absolutely terrible and disappointed experience trying to get a mortgage from NAB, after waited for 8 weeks, signed final contract last week and waiting for our settlement go through tomorrow, only get told today our case is on hold and can’t be processed any more.

Watch them all fall into line now.

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Behind the market's change of heart on interest ratesWhile many of us were relaxing over summer, financial markets have had a change of heart that could ultimately affect anyone with a mortgage or savings account.
Source: smh - 🏆 6. / 80 Read more »

Behind the market's change of heart on interest ratesWhile many of us were relaxing over summer, financial markets have had a change of heart that could ultimately affect anyone with a mortgage or savings account. It will make no difference if the RBA reduces rates, What a load of Garbage : Look what NAB just did, does not matter what those idiots at the RBA do they cannot change it.
Source: theage - 🏆 8. / 77 Read more »