
Mortgage News
Pressure on interest rates
Friday 22nd of February 2013
Wholesale interest rate swap yields have been rising since the beginning of the year, putting pressure on banks to raise their interest rates.
The most notable wholesale rises have been in the middle of the swap curve, for terms between three and seven years.
Westpac chief economist Dominick Stephens said that for a while that rise had been tempered by a drop in the margin banks h...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
2 min read
4 min read
Latest News
3 min read
2 min read
3 min read
2 min read
2 min read
2 min read
Latest Comments