Since the OCR announcement we have seen floating rates and some revolving credit rates come down 25 basis points. Those to move so far include: ANZ, Kiwibank, SBS and HBS.
Westpac has passed on just 15 points of the cut taking its rate to 6%.
In case you missed it here is what the Reserve Bank governor had to say. Read on
Here's an updated story: Further OCR cuts to come
To see how floating rates stack up here is the table sorted lowest to highest. Show me the lowest rate
| « Watch the OCR live tomorrow on Good Returns | Home loan rate cuts to date » |
Special Offers
No comments yet
Sign In to add your comment
© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved