More evidence that the latest OCR cut will only affect short term fixed rates is TSB Bank has dropped its one-year fixed rate by 10 basis points to 5.60%. This is TSB's second cut to its one-year fixed home loan rate in the past two weeks.
ANZ also concurs wth the Reserve Bank and says short term interest rates will remain the place to be for some time.
Click here to view our rates table in full and click here to graph comparisons.
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