Mortgage News

Two-year rates go below 7%

Monday 15th of November 2004

Today ASB Bank is taking the price war straight back to BNZ, undercutting its two-year rate by a full 20 basis points.

It is the first lender to go below the 7% barrier in this offensive, offering finance at 6.95% compared to BNZ’s 7.15%.

BNZ’s response will be interesting as it to continue its “Unbeatable” campa...

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