
Mortgage News
Weekly rate update
Thursday 5th of February 2004
Despite the Reserve Bank unexpectedly bumping up the OCR by 25 basis points last week there hasn’t been a flurry of activity on the home loan front.
Among the big players (ie: the banks) there have only been movements from ASB, ANZ and HSBC. The former two (the two As) have their floating rate up 0.25% to 7.50% each. HSBC on the other hand moved its one year rate up and its three year rate down...
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