Update on Interest Rates – Why are they going up?

Ian MillerHelp, Home loan interest ratesLeave a Comment

Interest Rates

So what’s been happening with interest rates? In the last year banks have moved towards two different standard variable rates which they base all of their consumer interest rates off (one for owner occupiers and a higher one for investors). This has been in response to pressures from APRA (banks’ regulator) to have the banks slow down investment lending (which … Read More