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agree with Hugh that this is a load of bollocks Chris, with all due respect
If "Cheap" houses are...
Matt in Auck
Friday's Top 10 with NZ Mint
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Senior Liability Underwriting Manager
Lead from the front utilising your strategic, technical and leadership qualities within th...more
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Lead from the front utilising your strategic, technical and leadership qualities within th...more
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Senior Liability Product Underwriter - Product Management
Lead from the front utilising your technical expertise in this highly attractive senior li...more
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Lead from the front utilising your technical expertise in this highly attractive senior li...more
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High Performing Senior Liability UnderwriterHigh Performing Senior Liability Underwriter
Customer focus, high performance, exceeding client expectations and achieving profitable g...more
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Customer focus, high performance, exceeding client expectations and achieving profitable g...more
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Head of Retail Credit -Wellington, NZ
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ANZ and National Bank raise long term mortgage rates
ANZ and National Bank announced they would raise long term mortgage rates on Tuesday morning by between 10 and 15 basis points (bps). The move follows other increases by BNZ, TSB, Kiwibank and ASB.
However, despite being owned by the same banking group, the two separate arms of ANZ National made some slightly different changes to the rates.
Both raised their standard 18 month mortgage rates by 10 bps to 5.89%.
National Bank raised its three year rate by 10 bps to 6.95%; four year by 15 bps to 7.55%; and five year by 10 bps to 7.95%.
ANZ raised its three year rate by 14 bps to 6.99%; four year by 10 bps to 7.50%; and five year by 14 bps to 7.99%.
See all the latest rates on our mortgage rates page.
Bernard, can you give us
Bernard, can you give us an update on your thoughts re Marac and South Canterbury Finance's situatons. Thanks.