Mortgage Rates Commentary

The yield curve creeps up

Friday 25th of September 2009

The yield curve has continued to creep up today with ASB and its related groups increasing rates across the curve.

ASB and BankDirect have increased its one-year and 18-month rate by 10 basis points and its two-year fixed rate by 20 basis points.

Sovereign and NZ Home Loans have increased their six-month, three, four and five-year rates by 5 points and the one-year and 18-month ra...

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