ASB has this afternoon cut its 4 year Fixed Interest Rate from 7.19% to 6.80%. Also trimmed is the 5 Year Fixed Interest Rate down to 6.99% from 7.40%
ASB has this afternoon cut its 4 year Fixed Interest Rate from 7.19% to 6.80%. Also trimmed is the 5 Year Fixed Interest Rate down to 6.99% from 7.40%
The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3.25 percent. In comment on the housing market the statement noted "While house price inflation…