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22 Nov 2024 16:42
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      Home > News > Business

    Good news for home-buyers.... BNZ and Kiwibank are following ANZ and Westpac in cutting their advertised home loan and term deposit rates, following Wednesday's drop in CPI inflation

    Good news for home-buyers.... BNZ and Kiwibank are following ANZ and Westpac in cutting their advertised home loan and term deposit rates, following Wednesday's drop in CPI inflation


    Kiwibank's lower rates won't apply until Monday morning.

    Most economists now expect the Reserve Bank to cut the Official Cash Rate this year.

    Consensus is pointing to a cut in November, after the release of the next round of quarterly inflation data in October.

    © 2024 Newstalk ZB, NZCity

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