Weekly home loan report - More interest rate rises coming
Westpac has put up its three, four and five year rates 5 basis points and they all now sit on 7.80 per cent. Also it increased its two and three year capped rates by the same amount, to 8.10 per cent and 8.15 per cent respectively.
Kiwibank has put up its two and five year rates 10 basis points each, and its three-year rate 5 points. All three are now on 7.60 per cent the same as its four-year rate.
One of the biggest economic factors during the week, which will impact on home loan rates, was the strong employment numbers.
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Westpac has put up its three, four and five year rates 5 basis points and they all now sit on 7.80 per cent. Also it increased its two and three year capped rates by the same amount, to 8.10 per cent and 8.15 per cent respectively.
Kiwibank has put up its two and five year rates 10 basis points each, and its three-year rate 5 points. All three are now on 7.60 per cent the same as its four-year rate.
One of the biggest economic factors during the week, which will impact on home loan rates, was the strong employment numbers.
Read More...
posted by Mohd Amin | 9:00 PM
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