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Westpac branch in Canberra in the evening
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Westpac was one of five lenders to increase fixed rate loans this week. Photo: Dr Victor Wong/Shutterstock

Banks signalling end of ultra-cheap housing finance

Some of Australia’s biggest banks are continuing to hike fixed interest rates, suggesting the era of historically-cheap housing finance could be coming to an end.

Westpac was the latest to lift the interest rates on its fixed rate loans, increasing its two, three, four and five-year fixed rate loan…