Australia home loan rates surge as fixed mortgages jump again

In the past week, four lenders lifted 32 owner-occupier and investor variable rates by an average of 0.25%, while two lenders cut three variable rates by an average of 0.98%. Sixteen lenders also pushed up 397 owner occupier and investor fixed rates, with average increases of 0.21%. Only one institution, IMB, trimmed two investor fixed rates, by an average of 0.08%.