Mortgage News

ANZ slashes its one-year fixed mortgage rate to 5.25%

Wednesday 9th of May 2012

ANZ retail division's managing director Kerri Thompson says domestic and international conditions mean wholesale interest rate markets have been volatile.

"We're not sure how long this window will remain open. We hope to keep it open for a while but we'll be reviewing it on a daily basis," Thompson says.

It's ANZ's lowest one-year rate since at least 1995, she says.

While A...

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