
Jenee Tibshraeny: NZ Herald Wellington business editor on mortgage rates being expected to decline
There's early signs that mortgage rates could be on the downswing again.
New Zealand's wholesale interest rates have fallen sharply over the last month- and both the two-year and ten-year swap rates have dropped.
NZ Herald Wellington business editor Jenee Tibshraeny says banks still have yet to move their rates down, despite these early signs.
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