❓Got A Minute? ⏰ - Bank Sensitivity Rate Most of you would feel that the sensitivity rate with banks is very low but actually it doesn't talk about feelings. It’s the rate or the interest rate that the bank would apply to you if you were to go for a loan and and when they're looking at your ability to repay. The banks have to factor in a risk that the rates will go up. At the moment the sensitivity rate in New Zealand is around 8.75%, even though the actual rates are at 6%, they are adding a nearly a 50% premium to cover them in the event that you may lose your job or the interest rates may go up. Please feel free to give me a call if you're looking to sell or buy. Dermot Kelly - The Unitary Plan Man ® 021954573 | d.kelly2@barfoot.co.nz