Rate City: If you're a property investor, the low-rate party is ending.

Despite the RBA holding on rates Mortgage comparison website RateCity said interest rates were increased on 184 different loan products last month. "It's the first time in almost five years that rates have started to trend up. The last time rates increased was in November 2010, when the RBA lifted the cash rate. Since then, rates have been flat or falling... The biggest movement this time was among the longer-term fixed home loan rates, with five-year fixed rates increasing by as much as 0.3 percentage points, and 0.02 percentage points on average, in July... Property investors in particular bore the brunt of the rate increases, with many institutions lifting both their fixed and variable rates for this segment of borrowers... If you're a property investor, the low-rate party is ending. Most of the majors have either announced or indicated that they'll be charging more to investment borrowers... That said, home loan rates across the board are starting to edge up, with a number of home loans aimed at non-investors rising in July – a trend that we expect to continue."