From Bendigo Bank:
Variable interest rates across home loans and lines of credit will increase for owner occupiers and investors as follows:
- Owner occupier principal and interest loans will increase by 0.10% pa;
- Owner occupier interest only loans will increase by 0.16% pa;
- Investment loans will increase by 0.10% pa;
- Lines of credit will increase by 0.10% pa.
Managing Director Marnie Baker said the changes reflect the increased cost of funding.
Tick, tock. Majors next.
