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Bank of Queensland has joined the push to raise investor home loan rates, bumping its standard variable rate up 0.29 per cent in line with other banks.
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The Bank of Queensland posted cash earnings of $167 million, up 19%, for the six months to the end of February on growing commercial and mortgage lending. Almost half Cash advance loan software
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Bank of Queensland hikes rates on investor loans | The
The regional lender today said it was lifting rates on its residential investment loans by 0.29 per cent from August 10, but held fire on changes to its fixed term
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Bank of Queensland raises investor rates, but not for new
Bank of Queensland is the latest bank to hike its investor home loan rates but it is seeking market share as well as profit by mostly raising rates on existing loans.
Bank of Queensland is the first bank to announce it will be passing on the BOQ said it would pass on the cut by the same amount for mortgages and business loans.
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