Mortgage Rates Commentary

Westpac and Kiwibank cut in different places

Friday 26th of February 2010

The week finishes on a good note with two of the more active lenders cutting rates. Westpac has dropped its one-year rate by the smallest of margins, four basis points to 6.25%, but increased its six-month rate six points to 5.75%. It also made a four point cut to its Choices Everday revolving credit loan.

Meanwhile Kiwibank made changes at the other end of the yield curve, cutting 29 po...

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