The Co-operative Bank makes pre-emptive cuts

Tuesday, July 21st 2015, 11:40AM

The Co-operative Bank has cut its floating rate 25 basis points, today, ahead of the Reserve Bank OCR announcement on Thursday. It is widely expected that central bank will take another 25 basis points off the OCR and floating rates will come down in a response to that decision. The Co-operative Bank has also cut some longer-term rates.

Tags: Mortgage Rates

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