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HOME LOAN

Posted by mick1965 mick1965
Message 1 of 2 607 Views

WHY ARE bANK WEST INCREASING HOME LOAN RATES RIGHT AT cHRISTMAS TIME AND THGE RESERVE BANK HAS HELD THEM STEADY AND WILL DROP THE RATE SOON. 

IS THIS JUST CASHING IN FOR THE BANKS CHRISTMAS PROFITS

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Re: HOME LOAN

Posted by PeteW PeteW
Message 2 of 2 596 Views

Our interest rates are constantly under review @mick1965 and there's a wide range of factors which influence any decision we do make to change interest rates - they're very carefully considered. This change has been made as we balance increasing costs, including partially offsetting costs associated with recent changes to capital requirements, with the need to remain competitive, and offer innovative products.

 

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