Mortgage Rates Commentary 13 May 2010

Mortgage Rates

SBS has followed the latest change in attitude from lenders, hitching up its one and two-year rates by 20 basis points to 6.35% and 7.30% respectively.

In mortgage rates news two banks get a rap on the knuckles and repay $0.8 million in overcharged break fees on fixed-term loans following complaints after the sharp drop in interest rates last year.

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