You signed up for the ShareTrader AM Update too? :t_up:
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Heartland raised their mortgage and other lending rates yet post OCR going up?
Heartland competing harder for deposit money now. Just noticed on www.interest.co.nz 1 year term deposit now 3.0%
90 day Notice saver 2.50%, 32 day notice saver 1.9%.
Thought this article may interest you heartland followers
https://www.afr.com/companies/financ...0220323-p5a74o
It is AFR paywalled. But, once you click, reload the page by hitting the little circular arrow by the URL and then very very quickly hitting Esc. That stops the script from loading, and you can view the article. You may have to do it like 5 times before it works until you become a seasoned pro, or just get a subscription as I eventually did. Or you can hit the x button on your phone while it is loading does the same thing.
Jest of the article is that deposits aren't as sensitive to interest rate rises as other wholesale methods of funding, and banks may be able to claw back some of their lost marketshare from fintechs who will have higher costs of funds going forward.
Yep well done moose ,took me six times though I was nearly ready for giving up on it .