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NAB and Macquarie Bank hike 4 and 5 year fixed home loan interest rates – NEWS.com.au

NAB and Macquarie Bank hike 4 and 5 year fixed home loan interest rates

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Two Australian banks have decided to push up interest rates on a number of fixed-term home loans and experts say more hikes will follow. NAB and Macquarie Bank have hiked both four- and five-year rates on fixed-term home loan products, following similar moves by major rivals Westpac and Commonwealth Bank.
NAB upped its four-year owner-occupier fixed-term loan by 21 basis points to 2.19 per cent, while its five-year fixed rate jumped 25 basis points to 2.49 per cent.
Macquarie Bank also hiked its…

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