Photo: RNZ
Home loan customers are hustling to fix as rates start to rise.
The country's biggest bank, ANZ, said it had seen more customers asking about switching from a floating rate to a fixed one in recent days.
More people have chosen floating rates in recent months, expecting interest rates would fall further.
October saw $51.6 billion in home loan lending floating, up from $47.9b the month before and $42.7b the previous October, but while the official cash rate was cut at the
Continue Reading on RNZ
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.