Fixed home loan rates rise as market swaps shift
Fixed home loan rates began increasing on Monday while home loan affordability improved and the NZD held steady.
Fixed home loan rates started moving upward on Monday. Home loan affordability showed improvement despite the rate rises. Market swaps reversed direction during the session. The New Zealand dollar remained stable.
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What happened Monday
A review of things you need to know before you sign off on Monday; fixed home loan rates start their shift up, home loan affordability improves, Australia might get sharper banking competition, swaps reverse, NZD stable, & more