UPDATE 1-Australia's NAB to raise variable home loan rate

Story date: 2008-01-03 02:50:00
Added on: 2008-01-03 20:21:48

Reuters - ... NAB), Australia's top lender by assets, has taken the unusual decision to raise home loan rates out of step with a central bank ... the wake of sharply higher funding costs for banks due to a global credit crunch triggered by the U.S. subprime mortgage ...


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