Why Kiwibank cut

Tuesday, February 9th 2010, 5:17AM

There are no mortgage rate changes to advise of today, however in mortgagerates.co.nz news we talk to Kiwibank about why it changed its floating rate yesterday to the second lowest at 5.65%.

In Expert views we find that most economists are now pricing an Official Cash Rate hike in June after last week’s unemployment figures which were unexpectedly high and in the spotlight today is John Key’s first major speech of the year at the opening of Parliament, where he will outline his economic plans for the year and changes to the tax system.

« Kiwibank cut floatingYep, it's the two-year market for SBS »

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