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How far they have fallenFriday, September 18th 2009, 11:54AM
Banks have made some pretty hefty cuts to their variable rates since January this year. This table shows how far they have fallen and how lenders have changed their position in the market. As we point out here BNZ and Westpac have chosen to compete in non-standard products so they have been included in the table with standard rates.
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Analysis falls in favour of fixing two or three years Floating rates to rise but not as fast or far as expected Bollard lifts OCR, predicts more moderate pace of increases PRESS RELEASE: RBNZ raises OCR to 3% Economists and markets say interest rates up this week Does weak data mean the RBNZ should stop raising interest rates? |
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Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.
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