Earlier post is here: New Zealand - ASB raises mortgage rates (comes prior to the RBNZ policy announcement today)
ASB is hiking its rates on term deposits and on mortgages while Kiwibank is hiking its rates on term deposits
More info here:
- ASB has kicked off a new round of substantial home loan rate increases.
- Kiwibank and ASB have both announced increases in term deposit rates, and ASB is also increasing rates on fixed term mortgages.
The moves come ahead of the RBNZ announcement due later today:
- RBNZ meeting: Look out for tapering...
- NZD traders - Heads up for the RBNZ policy meeting Wednesday 14 July 2021
- RBNZ policy meeting this week - shadow board evenly split on tighter policy (ps please note this is not actually a preview)
- RBNZ monetary policy meeting this week - preview
