SYDNEY, March 17 (Reuters) - Australia's Westpac Banking Corp (WBC) said on Friday it will raise mortgage rates across a range of products including for owner occupiers, a day after rival National Australia Bank (NAB) made a similar move.
Westpac will increase its variable home loan rate for owner occupiers by 3-8 basis points, it said in a statement. Variable rates for property investors will be raised by 23-28 basis points.
On Thursday, NAB became the first of the country's Big Four lenders to raise mortgage rates, a move that in part will be welcomed by regulators desperate to cool runaway real estate prices.
SYDNEY, March 17 (Reuters) - Australia's Westpac Banking Corp...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$38.44 |
Change
0.490(1.29%) |
Mkt cap ! $131.5B | |||
| Open | High | Low | Value | Volume |
| $38.20 | $38.56 | $38.10 | $248.0M | 6.454M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $42.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.60 | 5880 | 2 |
View Market Depth
| Last trade - 15.59pm 12/09/2025 (20 minute delay) ? |
| WBC (ASX) Chart |