Fixed mortgage rates keep climbing Fixed mortgage rates keep climbing 02 July 2021 6:02AM Lenders raised fixed home loan rates in June, continuing the trend of the past couple of months. According to the latest Mozo Banking Roundup, ANZ, NAB, Westpac and Newcastle Permanent all raised fixed mortgage rates last month. NAB increased two and three-year rates by 10 basis points and its four-year rate by 5 bps for owner occupiers paying principal and interest. ANZ cut short-term rates and increased long-term rates. It cut its two-year rate by 10 bps, while raising its four-year rate by 25 bps and its five-year rate by 45 bps. Westpac added 10 bps to its owner occupier two and three-year rates (the changes also applied to St George Bank and Rams).