Anz Lifts Mortgage Rates Again

ANZ Bank sent its mortgage holders into the long weekend with yet another rate rise yesterday, lifting its variable mortgage rate by 0.10 percentage points to 9.47 per cent - the highest of Australia's big four banks.

Will the mortgage rate rise further?

Mortgage rate rises have become the hot topic of discussions about personal finance in the past twelve months, as the consecutive and frequent interest rate rises from the Reserve Bank of Australia (RBA) have put pressure on working families with a mortgage.