Mortgage News

CBS Canterbury enters wars

Wednesday 28th of January 2009

It says that it had "prudently chosen to have higher than usual levels of liquidity," but it has changed that stance and is now able to make some of that available for residential lending "at a rate that we have not seen for some time."

CBS Canterbury has introduced a special 1 year fixed rate at 5.75%.

"New Zealand’s houses are currently the most affordable in four years, so it p...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.