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Interest rate report #3
Nothing changed last month. After a lot of frenzied cuts, no bank has changed their advertised rates in the last 3 weeks. The trajectory is still (slowly) down.
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What can you expect from this report?
👉 Current interest rates from the major banks
👉 The latest interest rate changes from the major banks
👉 Our latest interest rate predictions for the next 4 years
👉 Additionally, you'll gain insights from Pete, Opes Mortgages, who will provide an analysis of the current trends in interest rates and the New Zealand property market.
Nothing changed last month. After a lot of frenzied cuts, no bank has changed their advertised rates in the last 3 weeks. The trajectory is still (slowly) down.
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Interest rates are falling. The falls are small and slow. But they are there. Last week, three major banks (BNZ, KiwiBank and ASB) dropped some of their rates.
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Interest rates fell in March. All major banks have dropped some of their interest rates since 1st March. And no banks increased their rates over that period.
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