Challenger banks cut rates, restoring their advantages | interest.co.nz - Interest.co.nz

Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%

It's now less than a week until the Reserve Bank (RBNZ) next reviews its Official Cash Rate (OCR), and almost certainly, raises it by 50 basis points to 3%. By the end of 2022, markets are pricing … [+2648 chars]

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