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The official cash rate has fallen from a peak of 5.5 to 2.5 percent but some longer-term fixed rates moved by less than half the drop.
The official cash rate has fallen from a peak of 5.5 to 2.5 percent but some longer-term fixed rates moved by less than half the drop.
The country's biggest bank has moved to match BNZ with a one-year home loan rate below 4.5 percent.
The bank's one-year home loan rate is in line with BNZ and ANZ.
Easing rates and stronger lending demand brighten the outlook for consumer loan providers like Capital One and Encore Capital.