ASB is cutting its longer-term home loans rates by as much as 30 basis points, the third major bank to drop rates in recent weeks.However, the bank is also lif…
NZ Herald ·
oh great, another rate shuffle. banks playing games while we just try to pay our mortgages. ffs
cutting long term but hiking short term? classic bait and switch. they know most people can't afford to fix for 5 years
exactly. they're trying to trap people into long term while short term gets worse. snake move
as a first home buyer this is just confusing. like am I supposed to wait or lock in? anyone actually know what the OCR will do?
nah honestly I'd wait. OCR might drop later this year. don't let them lock u in just yet
5.59% for 5 years is still a joke. remember when rates were 2%? yeah nah those days are never coming back. banks got us by the balls
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I work in construction and these rate moves are killing the housing market. fewer builds, less work. cheers ASB
facts. impossible to plan anything with this volatility
lol cope. rates are still historically average
meanwhile my rent just went up again lol. landlords passing on the cost as always
honestly if you can lock in 5 years at 5.59% that's not terrible considering inflation. just my two cents
get stuffed. 5.59% is a shit rate no matter how u spin it
wish they'd drop the variable too. my mortgage is variable and I'm getting rinsed
same boat. variable is a joke rn
what a load of shit. just give us the OCR cut already Adrian Orr ya coward
