Mortgage Rates Commentary

Westpac makes substantial change

Wednesday 23rd of November 2016

Westpac has made a substantial change to its interest rate forecasts in its just released Economic Overview.  Previously it said that a slowing economy would warrant further OCR cuts into 2018 and 2019.

"However, with our economic forecasts now evolving towards stronger growth for longer, we have decided to remove those additional cuts from the forecast. We still anticipate a s...

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