One tiny increase signs of more to come

Friday, July 29th 2011, 12:33PM

The only rate change to report is that Kiwibank has altered the limit on its one year capped variable rate. This has increased by 25 basis points to 6.50%. The change gives an indication that banks are now thinking about increases in the months ahead.

Meanwhile we have wrapped up what economists think of yesterday's OCR announcement. You can read what they are thinking at www.landlords.co.nz

« OCR on hold but...Yep, it's the two-year market for SBS »

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