Mortgage Rates Commentary 11 September 2009

Mortgage Rates

Home loan interest rates were unmoved yesterday - just like the official cash rate. The important news of the Reserve Bank's monetary policy statement was the central bank reiterating that it sees interest rates staying down until the end of next year.

Our Blog examines yesterday's annoucement and what it means for borrowers.  Also in our expert view's section we look at comments that the decision to stay floating, rather than going for fixed  rate loans has got a little easier.

Our featured graph this year shows how ASB has changed the pricing of its loans.

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