Westpac, BNZ, TSB rate changes; Reserve Bank fires lending warning
Wednesday, May 5th 2021, 9:31AM
Rate changes galore this morning, continuing a trend from last week with short term rates falling and longer term fixed loans rising.
Westpac's one year special and standard fixed loans fall by 4 basis points. BNZ's one and two-year rates fall, while four and five year rates rise. TSB's three-year fixed loan rises by 14 basis points.
See all the latest rates and changes here.
Meanwhile, the Reserve Bank has fired a warning about risky recent mortgage lending, with high DTI and LVR ratios on newer home loans. [READ ON]
| « Wait on interest-only lending and DTIs | Mortgage adviser share grows at ANZ; Co-op and TSB rate changes » |
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