- Effective rates have continued to decrease across most fixed-rate mortgages to individuals, meaning the total effective rate on outstanding fixed-rate mortgages fell by 2bps, to 2.63%, continuing at a record low.
- Effective rates on individual new time deposits increased by 7bps in April, driven by the maturity over two years which increased by 10bps to 1.40%.
Published on
31 May 2017