
MR - Weekly News
Banks punch below their weight
Thursday 1st of July 2010
Kiwibank cut 31 basis points off its two-year fixed home loan rate today, reducing it from 7.30% which is the median for all banks to 6.99%. This makes its new rate 20 basis points lower than the closest bank which is TSB.
Westpac, AMP and HSBC also made changes over the week...
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