Due to OCR hikes from 3.25% to 3.50%, ASB also increasing its Housing Variable rate.
Westpac introducing new 18 months special home loan interest rate @ 5.75%p.a., it is also reducing its 3 year ‘special’ rate to 5.99%, a -20 bps drop from 6.19%. It has kept its 6.49% five year ‘special’ rate unchanged.
If you want to discuss your home loan options, want to refinance, restructure, refix your home loan, contact Ravi Mehta on DDI 09 2159517, Mob 021 1810076 or email at email@example.com.
OCR has been increased by 0.25% today to 3.50%. But there is good news for Mortgage payers as there may not be further increases in near future. The effect of these 4 increases will be assessed and OCR will stay at this level till that point of time. Encouragingly, the economy appears to be adjusting to the monetary policy tightening that has taken place since the start of the year,” Mr Wheeler, Reserve Bank Governor said on Thursday.
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We all know that there are plenty of things we can do to keep our health in check – we can eat good food (well, make that healthy good food…), exercise and get a good night’s sleep. But while we can do all of these things, we can’t predict when we may need expensive specialist or medical treatment – and when these times arrive, it will almost certainly be ‘at the wrong time’.
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