If you’ve been following the news, you may have seen one well-known economist predicting that interest rates are going to rise. At the same time we’ve seen banks dropping their rates.
We’ve noticed some confusion amongst borrowers about the difference between standard home loans from ASB Bank and the loans provided under a separate brand – Go Home Loans.
I know a few people who breathed a sigh of relief the last time the Reserve Bank board met and decided not to push the Official Cash Rate (OCR) any higher.