Wholesale rates shaken by Chch and Greece
Friday, June 17th 2011, 8:45AM
Soz - as my kids would say. We've been having some issues this week with the crowd who host our sites which had impacted on our ability to send morning newsletters. We've missed a couple so sorry.
It has been a quiet week for rate changes (again) and looks like it will stay that why. Wholesale interest rates have been bouncing around a bit on economic news. The latest being the unrest in Greece and more earthquakes in Christchurch. What we can draw out of this is that there appears to be little pressure in the wholesale market that would drive up home loan rates here in New Zealand.
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