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Daily Commentary

Rates keep falling

Monday 20 Aug 2018  Add your comment

The latest Reserve Bank OCR announcement has significantly changed the outlook for interest rates. Last week we saw some big cuts to long term rates, today the action moves to the one-year term.

Kiwibank has rolled out a one-year Special which equals HSBC's market leading rate. Here's the rates table sorted on the one year term.

We have complied this story to help you get a handle on how things have changed. [READ ON]

Previous commentary

Rates keep falling - Monday 20 Aug 2018

60 basis point rate cut; Judge calls Pero relationship dysfunctional - Friday 17 Aug 2018

Auckland a buyer's market; Financial Advice NZ puts case to minister - Thursday 16 Aug 2018

Mike Pero and MPM back in court - Wednesday 15 Aug 2018

New Kiwibuild lending package; OCR could actually be cut - Tuesday 14 Aug 2018

One curious change - Friday 10 Aug 2018

Here's what RB governor Orr said today - Thursday 9 Aug 2018

HSBC does it again with significant rate cuts - Wednesday 8 Aug 2018

Avanti product changes; Officials respond - Tuesday 7 Aug 2018

Revealed: What MBIE told MPs about financial advice - Monday 6 Aug 2018

OCR Preview; What's likely to happen next week - Friday 3 Aug 2018

Banks being more fussy; FSLAB outcome slammed - Thursday 2 Aug 2018

First no-fee home-owner's loan - Monday 30 Jul 2018

Lending and changes quieter; New appointments - Friday 27 Jul 2018

Mortgage groups divided on Code proposals - Tuesday 24 Jul 2018

Advisers want changes to Code Working Group proposals - Friday 20 Jul 2018

Patten on his new role with NZFSG; Co-op rate change - Wednesday 18 Jul 2018

Owner-occupiers better protected; Latest house price stats - Tuesday 17 Jul 2018

Crazy rental plans proposed - Friday 13 Jul 2018

An update on meth standards - Thursday 12 Jul 2018

The one-bank trap for investors - Wednesday 11 Jul 2018

TSB heroes 18-month rate - Tuesday 10 Jul 2018

Loan Market reveals settlement numbers - Monday 9 Jul 2018

The latest on Kiwibuild - Thursday 5 Jul 2018

Winter chill settles on market - Wednesday 4 Jul 2018

Call for even greater commission disclosure; New role for Bailey - Tuesday 3 Jul 2018

More rate cuts; Are Special rates misleading? - Monday 2 Jul 2018

Interest rates not likely to move for a long time - Friday 29 Jun 2018

RBNZ leaves OCR alone; Here's why - Thursday 28 Jun 2018

Co-Op Bank moves - Wednesday 27 Jun 2018

BNZ cuts; Bank staff still pressured to sell products - Tuesday 26 Jun 2018

OCR Preview: The latest outlook for interest rates - Monday 25 Jun 2018

Westpac does some matching cuts - Friday 22 Jun 2018

ANZ matches leader - Thursday 21 Jun 2018

The correct facts about tax and rental properties - Wednesday 20 Jun 2018

Tax changes would slash house prices - Tuesday 19 Jun 2018

Lender cuts rates; Guilty verdict over $54mill mortgage fraud - Monday 18 Jun 2018

Adviser hits out at commission disclosure proposals - Friday 15 Jun 2018

ASB cuts and moves up the table; Kepa has new CEO - Thursday 14 Jun 2018

Advisers inundate CWG with submissions - Tuesday 12 Jun 2018

Kiwibank moves rates; Others adjust servicing levels - Monday 11 Jun 2018

DTIs will be looked at again - Friday 8 Jun 2018

NZCU Baywide widens lending criteria - Thursday 7 Jun 2018

HSBC does it again - Wednesday 6 Jun 2018

Update on LVR restrictions; Commission not needed - Thursday 31 May 2018

Brokers' Budget Guide; Is ANZ trying to replace brokers with coaches? - Friday 18 May 2018

Kepa appoints new home loans boss - Tuesday 15 May 2018

SBS cuts; Cairns and Lockie back in the market - Monday 14 May 2018

RESIMAC makes cuts on big growth; Reviewing the new-look RBNZ - Friday 11 May 2018

OCR Unchanged; What Orr said - Thursday 10 May 2018

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