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Immunised from Banking Lurgy? Ep 335 David Tripe

NZ Everyday Investor

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The Impact of Higher Interest Rates on Mortgage Advice

When interest rates are moving relatively rapidly, it's easier to be less transparent with your interest rates. And that's kind of driven by customer behavior as well. If people don't use term deposit so much and they're putting it into savings vehicles that don't penalize them if they withdraw it. Part of the reason to that is that back in 2020, term deposits weren't paying anything very much at all. People just went into at-call accounts.

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