
Mortgage News
The rate war continues
Tuesday 14th of February 2006
The banks and bank-related organisations are setting the example for decreases, particularly in the longer-term rates.
Westpac has cut rates twice in the last week, while ASB, BNZ, Bank Direct, National Bank, Sovereign, Kiwibank, TSB Bank and SBS also announced decreases.
The competitive action seems to be moving towards longer term rates.
A number of organisations are running a...
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