NAB undercuts Westpac rate rise

By Erin Delaney · 4 December 2009 · Locked

Full details: NAB undercuts Westpac rate rise

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Summary

National Australia Bank has sparked a home loan rate war by undercutting Westpac’s interest rate rise of 45 basis points earlier this week, keeping their interest rate rise in line with the Reserve Bank’s increase of 25 basis points. The interest rate rise will take NAB’s standard variable home loan rate to 6.49 percent, effective […]

Tags: Bank Loans, Interest Rates, Mortgage Repayments