
Mortgage News
Floating up, fixing down
Wednesday 21st of May 2008
The cheapest one-year rate is from AMP Home Loans on loans of $200,000-plus, at 9.30%t, rising to 9.35% from NZ Home Loans and Sovereign, each for $275,000-plus. Kiwibank, ANZ, National Bank and ASB are among a clutch of lenders charging 9.40% over a year. Kiwibank leads the pack over two years at 8.99 per cent where it is the only sub-9 per cent rate in the market over this term and 26 basis...
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