Larry Williams Drive

Tony Alexander: Independent economist on why banks haven't changed their mortgage rates yet

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Sinopsis

Apart from Kiwibank, no other bank appears to have changed their mortgage rates.Kiwibank has changed theirs as a result of the OCR going up on Wednesday.But why haven’t the other banks followed suit?Independent economist Tony Alexander joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.