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flag ANZ raised home loan rates by 20–30 basis points due to rising wholesale costs, affecting 18-month to five-year loans.

flag ANZ has raised fixed home loan rates by 20 to 30 basis points across 18-month to five-year terms, citing rising wholesale rates since October. flag The move follows a shift in market expectations after the Reserve Bank held the official cash rate at 2.25%, with Governor Anna Breman indicating the rate is likely to remain unchanged for now. flag Despite a slight chance of a future cut, financial conditions have tightened, and the central bank emphasized its policy is not on a preset path. flag The rate hike adds pressure on borrowers, especially as many prepare for the holiday season.

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