PSIS has now also increased its longer term rates with its two-year rate increasing by 15 bps, its three-year rate up by 25 bps and its four-year rate up by 30 basis points.
Public Trust has followed suite with a 10 bps increase to its three-year rate, its four-year rate has increased 20 bps and its five-year rate has jumped up 18 basis points.
Our Mortgage Rate Commentary on Good Returns looks into the little action taken by our major banks since the last OCR cut and where most of the movement has been in recent weeks.
We also look into Kiwibank's continued growth and report its figures for the March quarter.
Click here to view our rates table in full and click here to graph comparisons.
