CommBank has jacked up its fixed home loan rates by up to 70 basis points, joining Maquarie Bank in adjusting its fixed rates in another sign the market is preparing for rate rises.

Mortgage holders will be holding their breath in 2026 as 34 lenders start lifting their fixed interest rate offerings.

Australia's biggest bank has hiked some of its term deposit rates, including its special offer which is now the highest one year rate among the big four banks.

CBA and NAB are expecting the RBA will hike the cash rate by 0.25 per cent when it meets in February. (Source: AAP) Two of ...