ANZ has tweaked its one and two year rates, increasing the one-year rate 10 basis points and taking 10 points off the two-year rate.
The bank also released its half-year results today, reporting a $941 million profit. [READ ON].
Economists at Westpac say the recent uptick in mortgage lending for owner-occupiers and property investors is likely to be “short-lived”. [READ ON]
| « A floating rate rises; New mortgage cover | ANZ's Hisco says no problems in NZ; FMA says prove it » |
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