BNZ slashes long-term rates; ASB predicts mortgage rate cuts will be minor
Wednesday, March 11th 2020, 9:58AM
BNZ has this morning slashed its 3, 4 and 5-year fixed rates for owner-occupiers and investors. Its 3 year rate is now level with Westpac, which cut rates last week. Take a look at the latest rates here.
Borrowers will only see "minor" decreases in mortgage rates if the Reserve Bank cuts the official cash rate, according to economists at ASB: [READ ON]
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