Tag: RBNZ
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ANZ Lifts Home Loan Rates as NZ Banks Adjust Market
Overview: ANZ raises fixed-rate home loans New Zealand’s largest bank, ANZ, has announced an increase in fixed-rate home loan offerings, lifting the 18‑month and 2‑year fixed rate by 20 basis points. The move follows adjustments by other lenders and comes as the Reserve Bank of New Zealand (RBNZ) signals a tougher stance to temper inflation…
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ANZ lifts NZ home loan rates as RBNZ stance tightens mortgage market
ANZ raises home loan rates amid shifting NZ mortgage landscape New Zealand’s largest bank, ANZ, has announced an increase to its fixed home loan rates, joining a broader move by lenders as the Reserve Bank’s current stance filters through the mortgage market. The decision to lift 18-month and two-year fixed-rate offerings by 20 basis points…
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ANZ lifts NZ home loan rates as RBNZ policy shifts weigh on markets
ANZ lifts NZ home loan rates as market shifts New Zealand’s largest bank, ANZ, has increased its fixed-rate offerings for home loans, adding pressure for borrowers who were eyeing affordable financing paths. In response to evolving market dynamics and a shift in expectations around the Reserve Bank of New Zealand’s policy trajectory, ANZ announced a…