Banks hike fixed rates for home loans

Home buyers seeking fixed interest loans to cushion themselves from the effect of an expected rise in global interest rates will find that some banks have already hiked their offers.

On Monday, Maybank raised its three-year fixed rate for a mortgage by 0.1 percentage point while ANZ lifted its two-year rate by 0.17 percentage point, industry players noted.

See on http://www.straitstimes.com/breaking-news/money/story/banks-hike-fixed-rates-home-loans-20130717

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