I thought banks mostly used the deposits they held to fund variable rate mortgages/loans and sourced the funds for fixed rate mortgages elsewhere at the time of purchase so they can effectively lock in the return. At least this is what I was told from my bank manager.
News: WBC Australia's Westpac first to raise home loan rate after RBA hike, page-6
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$31.24 |
Change
0.160(0.51%) |
Mkt cap ! $107.8B | |||
| Open | High | Low | Value | Volume |
| $31.14 | $31.24 | $31.03 | $275.0M | 8.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $31.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.24 | 5608 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |