News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Bollard leaves rates unchanged and rules out an easing
Reserve Bank governor Alan Bollard has left interest rates unchanged, as expected, but is ruling out any prospect of interest rates falling.
Competition and more competition
Weekly home loan report: Competition and more competition – that’s the current theme as lenders cut their fixed rates to attract borrowers as floating rates look like being stable for a while.
Economists expect no change in OCR this week
Economists expect recent data has been sufficiently soft to allow the Reserve Bank governor Alan Bollard to leave interest rates unchanged when he reviews his official cash rate (OCR) on Thursday.
Fixed home loan rates start the year falling
Weekly home loan report: Borrowers begin the year with some hope that interest rates have reached their peak as weak growth data indicated chances are the Reserve Bank will be in a holding pattern until later this year, when some easing may eventuate.
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