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Don’t fall for rate-raising banks pretending they are doing it tough | Greg Jericho – The Guardian

Banks may have some justification for increasing their fixed mortgage rates, but there is none at all for lifting variable rates…

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Given the talk about rising inflation and interest rates, it is not altogether surprising that banks have lifted their fixed home loan rates. But that does not mean their variable home loan rates should begin rising, and we should not let banks pretend…

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