
Mortgage News
Interest rates: A game of two halves
Friday 26th of July 2013
With yesterday’s official cash rate announcement it is understandable that everyone is focussed on when the OCR will move.
But for borrowers that’s only part of the equation and it’s necessary to remember how the market works.
In its most basic form, short-term home loan rates, that’s anything out to 18 months or two years at a stretch, are priced off the OCR.
Looking at wh...
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