David Cunningham: Squirrel Mortgages CEO on the reducing home interest rates
The Mike Hosking Breakfast · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Lower inflation is thought to be responsible for ASB reducing interest rates on its three, four, and five-year home loans.
The Official Cash Rate's predicted to peak early this year before falling, and inflation is lower than previously predicted.
Squirrel Mortgages Chief Executive David Cunningham told Tim Dower that he believes the Reserve Bank would like to see retail banks continue to lower rates.
He thinks it would be pleased with how things are unfolding but would like to see one-year rates start to drop.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.