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RBNZ tightening cycle begins
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OCR increases drives short-term interest rates higher, while longer-term rates ease. |
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Mortgage rates are expected to rise further over 2010, with short-term rates moving the most. |
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Longer-term rates relatively expensive, cost advantage remains with floating or fixing up to 2 years. |
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Read the full PDF report.
Other sites of interest: www.asbsecurities.co.nz www.asb.co.nz www.commbank.com.au
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| In order to read these documents you will need to have Adobe Acrobat Reader. If you do not have this software installed on your computer, please click on the Adobe link to download it. (The software is free of charge). |
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Report prepared by:
Jane Turner
ASB Economist
Phone: +64 9 374 8185
Fax: +64 9 302 0992
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