NAB jacks up investor home loan rates

NAB has given borrowers an early lump of coal in their Christmas stocking, jacking up investor home loan rates by 15 basis points. From December 12, NAB will increase its variable rates on new and existing residential investor home loans from 5.4 per cent to 5.55 per cent. NAB’s owner-occupier variable home loan rate is unchanged at 5.25 per cent. On a standard 30-year, 0,000 loan, the monthly repayments will increase by to 13. On a 0,000 loan the repayments will increase by to 55, and on a million loan the repayments will increase by to 09. #329