Oz Blog News Commentary

Virgin hikes mortgage rates

January 11, 2019 - 11:17 -- Admin

Drip, drip, drip: “The decision to increase interest rates is never easy. “We have absorbed higher funding costs for the last twelve months in order to delay the impact for our home loan customers. Unfortunately, funding costs remain high and are likely to remain elevated into the foreseeable future.” 20bps on front and back book.

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