You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

14 July 2018 (AFR) – Funding cost spike slugs borrowers

(14 JUly 2018, AFR, p1, by Jonathan Shapiro)

‘The crisis-like spike in Australian bank funding costs has forced more lenders to slug borrowers with “out of cycle” mortgage rate rises, heightening speculation all borrowers will have to pay more on their home loans within months.  On Friday, $5.5 billion regional bank Bendigo and Adelaide Bank said repayments for owner-occupied borrowers with interest-only loans would rise by 16 basis points while other rates would increase 10 basis points.  It follows rate increases earlier this week by…’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: