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TSB launches 2.49% one year rate; OCR predicted to go negative

  • Tuesday, August 18th 2020

TSB has sharpened its home loan lineup this morning, slashing its one year rate to 2.49%. Six month to five-year rates all fall. Check out the latest rates here.

More downward pressure on rates is coming. ASB joins a growing chorus of banks to predict a negative official cash rate next year: [READ ON]

Up Next Mike Pero Mortgages makes new hires; How can the market operate at level three?

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TMM - The Mortgage Mag is 100% dedicated to delivering excellent news, video and information to all mortgage advisers in New Zealand. We deliver news to advisers through TMMOnline.nz and its associated email newsletter. Every two months we publish TMM - The Magazine. This is sent to all mortgage advisers. TMM is part of Tarawera Publishing Ltd. TPL is the oldest and largest publisher in NZ's financial adviser market.

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