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WebHigh inflation means higher interest rates. The CPI measures the changes in prices of goods and services in New Zealand. Inflation, the rise in prices, is said to be stable at around 2% per annum. The RBNZ is mandated to keep inflation between 1-and-3% year on year, and they target the 2% midpoint. WebWhile 1-year rates are at 5.9%, the 5-year rate is only slightly higher at 6.3%. With mortgage lending down, banks are competing for refinance business with special offers on the 1-year rate and much larger cash incentives. Let's have a chat First Name* Last Name* Email* Phone Tell us about your situation Please verify your request* WebVariable interest rate home loan. Enjoy flexibility with your loan payments. Learn more. Revolving credit home loan. Draw and repay your loan at any time, within your credit … bangkok 54 restaurant columbia pike arlington va