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2026-09-17 09:52:10
[Fixed mortgage rates rise ahead of RBA decision, market expects 25 basis point rate hike] (1) Fixed mortgage rates in Australia are rising ahead of the Reserve Bank of Australia's (RBA) policy meeting at the end of this month. (2) The market expects the RBA to raise the official overnight cash rate by 25 basis points. This possibility of a rate hike comes at a time when house prices have fallen sharply. (3) Canstar says that after several weeks of silence, fixed rates have now started to change, and they are rising rather than falling. (4) National Australia Bank and ANZ Bank raised their fixed rates by up to 20 basis points on Thursday, bringing the number of lenders raising fixed rates in September to nine.
