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NAB Increases Investment Home Loan Variable Rate

It is reported that NAB is increasing its residential investment home loan interest rates by 25 basis points. The justification provided for this hike was “strong growth in investor segment”. The given justification appears not in line with the ABS data released in March 2017 that shows continuous decline in residential dwelling approvals. Or, is it suggesting; despite the strong growth in residential investor segment, the residential dwelling approvals are falling?

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