ING lifts investor mortgage rate by 0.15pc

ING has become the latest lender to hike interest rates with investor customers facing a 0.15 per cent lift.

ING will lift variable interest rates for investor customers by 0.15 per cent from next Tuesday.

Westpac, Suncorp, ANZ and Commonwealth Bank all hiked mortgage rates this month despite the Reserve Bank holding cash rates at a record low 1.5 per cent.

NAB, however, said it would keep its variable mortgage rates on hold.