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Minor adjustments by two of the major banks.
BNZ have dropped 2yr rates to 7.99%
NAB have dropped 3yr rates to 8%.
Minor adjustments by two of the major banks.
BNZ have dropped 2yr rates to 7.99%
NAB have dropped 3yr rates to 8%.
Interesting to see that the banks are moving.
My 2 cents.
If the banks want us to lock in for 2-3 years maybe that means they predict shorter terms to drop sooner than this.
Remember the banks would like us to lock in at 3 years then in 12-18 months when they have dropped most the public are locked at higher rates. Just an idea anyhow.
What if you had a loan coming off fixed shortly? Would you take a gamble and let it go to floating for a few more weeks until the new rates have flowed through?
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