HBS Building Society has bumped up its fixed rates as of yesterday. It's rate changes consisted of its six-month rate lifting 25 points to 5.85%, its one-year rate went up by 11 points to 6.10%, its two-year rate rose 30 basis points to 7.20% and its three and four-year rates were increased by 24 and 25 points to 7.99% and 8.50% respectively. HBS fixed rates are now sitting around the middle range for a Building Society on our table.
This weeks experts views story looks at how the ANZ / National Bank is stepping aside from its peers with its prediction that the first OCR rise will happen September 2010. For more on ANZ/Nationals view and what the other banks are predicting, click here.
