In a sign that major banks are rethinking the chances of another rate cut, Macquarie Bank has increased its fixed rate home loans by as much as 0.20% p.a. This comes just days after the Westpac Group (Westpac, St.George, Bank of Melbourne, BankSA) made similar moves across its fixed home loan portfolio, putting fixed rates up by as much as 0.35% p.a. for two-year terms.