National Australia Bank Keeps Lowest Big Four One-Year Fixed Home Loan Rate Ahead of May Results
National Australia Bank kept its one-year fixed home loan rate at 6.04% for owner-occupiers borrowing up to 80%, undercutting ANZ and Commonwealth Bank. NAB raised variable rates by 25 basis points after the Reserve Bank of Australia’s March hike. No NAB Connect payments processed on Easter Monday except fast and linked transfers. NAB’s half-year results are due May 4.