Downward pressure on rates ease; Multi-million dollar ad campaign
Monday, March 4th 2019, 10:00AM
It's still deadly quiet on rate change news. It was interesting to see Westpac's comments today: "The rise in wholesale interest rates following the Reserve Bank’s February Monetary Policy Statement has reduced the downward pressure on retail mortgage rates. With cash rate hikes still a distant prospect, we expect retail fixed mortgage rates to remain relatively steady in the near term."
In other news it's worth highlighting Partners Life's multi-million dollar public education campaign. [READ ON]
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