Lower inflation is thought to be responsible for ASB reducing interest rates on its three, four, and five-year home loans.

The Official Cash Rate's predicted to peak early this year before falling, and inflation is lower than previously predicted.

Squirrel Mortgages Chief Executive David Cunningham told Tim Dower that he believes the Reserve Bank would like to see retail banks continue to lower rates.

He thinks it would be pleased with how things are unfolding but would like to see one-year rates start to drop.

LISTEN ABOVE

Lower inflation is thought to be responsible for ASB reducing interest rates on its three, four, and five-year home loans. 
The Official Cash Rate's predicted to peak early this year before falling, and inflation is lower than previously predicted. 
Squirrel Mortgages Chief Executive David Cunningham told Tim Dower that he believes the Reserve Bank would like to see retail banks continue to lower rates. 
He thinks it would be pleased with how things are unfolding but would like to see one-year rates start to drop. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...