News

Some rates up, some down; What to expect from the Reserve Bank this week

Interesting rate changes to report today. HSBC has resumed its competitive position with some sharp fixed rate home loans.

Meanwhile Kiwibank has gone the opposite way and ended its two-year fixed rate of 3.99% and increased it to 4.19%. BNZ, though, has cut its one-year Classic home loan rate by five basis points to 4.05%.

We also have our preview of this week's OCR announcement. Will the RBNZ leave cash rate unchanged or move it up or down? Here's what the experts predict. [READ ON]

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