Term Deposit rates cut

Posted on July 1, 2009
Filed Under Mortgage Rates |

Panel 1
Term Deposit rates cut
ASB, Bank Direct, Westpac
National Bank, BNZ Kiwibank
Rates cut 10-50 basis points

Panel 2
Anticipating OCR cut
But Mortgage Rates on hold
Two ways to boost profits
Increase mortgage rates
Cut term deposit rates

Panel 3
For savers — Rates may fall
So fix now
For borrowers - Rates may stay
Don’t wait for lower rates

Duration : 0:3:24


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Comments

4 Responses to “Term Deposit rates cut”

  1. keithholden on July 1st, 2009 4:31 am

    CHECK THIS<<How can …
    CHECK THIS<<How can I borrow money from USA on there low interest rates to pay my house off, then pay it and as there USA dollar drops it will be easier to pay back,, IS THAT POSSIBLE????

  2. navtel on July 1st, 2009 4:31 am

    goddam banks.. …
    goddam banks.. legal crooks.

  3. altfseven on July 1st, 2009 4:31 am

    so are you saying …
    so are you saying leave your money in there longer than 90 days?

  4. altfseven on July 1st, 2009 4:31 am

    lol first…
    lol first…

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