Mortgage Rates Commentary 3 September 2009

Mortgage Rates

Home loan rates remain unchanged today. The most significant move this week was the decision by the Reserve Bank of Australia to hold its official cash rate at 3%. Many commentators are watching what happens across the Tasman as it could influence home loan rates in New Zealand.

Also we have a report from ASB on the home loan market which discusses the pros and cons of various terms.

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