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.
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 firstname.lastname@example.org.
Please see the table below for a summary of their housing interest rates which will be effective from Saturday 26 July 2014
Professional Financial Solutions team members Ms Surya Phutane and Mr Vishal Jain with the Prime Minister Mr. John Key at Hall of fame function in Hotel Pullman, Auckland. — at Hall of fame function in Hotel Pullman.
ANZ lowering its 4 year and 5 year fixed loan interest rates. Effective from Saturday 4 October, 2014 Read more…
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