Mortgage News

Westpac raises fixed term interest rates

Friday 17th of December 2004
Westpac has blinked first in the home loan interest rate war, upping its fixed term interest rates for 18 month and 30 month loans.

"As signalled earlier in the month, in the wake of the Reserve Bank of New Zealand's view of the likely future course of the Official Cash Rate (OCR), Westpac believes that the current `price war' is not sustainable and that a lead needs to be...

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