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Results: Banks

Street with lit up signs
22 November 2021

Fixed rate hikes reflect market expectations

Mortgage interest rates have now risen by between 1.3% and 1.8% from where they were less than six months ago as banks have reacte...

Two men walking around factory
04 November 2021

High inflation and low unemployment, mean high interest rates

The Reserve Bank has so far raised its official cash rate by a small 0.25% yet bank fixed mortgage rates across the 1–5-year terms...

Bird soaring in the sky
22 October 2021

Soaring inflation raises mortgage rate risks

For quite a few months now my central theme with regard to interest rates has been fairly clear. Inflation risks are rising, the R...

08 May 2020

Big banks join the rate war, dropping below 3%

As expected, the big banks are starting to drop their rates further to reach below 3%, and today ASB announced its two-year fixed rate of 2.99% while Kiwibank introduced a one-year fixed rate of 2.99%.

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