Westpac提供4.99%的按揭利率,可能使年按揭费用减少40亿美元。 Westpac offers a 4.99% mortgage rate, potentially reducing annual mortgage costs by $4 billion.

Westpac是一家新西兰银行,引发了市场利息,三年期固定抵押利率为4.99%,是本周期第一个低于5%的抵押利率。 Westpac, a New Zealand bank, has sparked market interest with a three-year fixed mortgage rate of 4.99%, the first below 5% in the current cycle. 虽然专家预测这一利率可能无法持续,但它可能导致按揭利息费用每年减少40亿美元,并在今后几个月内可能降低4%以下的定期存款率。 While experts predict this rate may not be sustainable, it could lead to a $4 billion annual reduction in mortgage interest costs and potentially lower term deposit rates below 4% in the coming months. 其他银行目前提供的利率约为5.59%,它们可以调整利率,以进行竞争。 Other banks, currently offering rates around 5.59%, may adjust their rates to compete.