HOT TOPICS:   OCR  |  Mortgages   | NZ$                                                                        RESOURCES:    Economic calendar   |   Farms for sale

The comment stream

Reader poll

In your opinion, what's the last thing someone should borrow money to pay for?

Choices

Join the Interest community to be a registered commenter so you can:
- Edit your comments
- Avoid the CAPTCHA
- Vote on comments
Register Here

Already registered? log back in here ..

Forgotten your password? No problem! Click here

Westpac fixed rates brought into line with main rivals for 6mth and 1yr terms

Posted in News

Westpac have ended their 6 month and 1 year year 'special' mortgage rates of 4.95%.

At the same time, Westpac have reduced their standard fixed rates for these terms as follows:

- 6 months fixed becomes 5.25%, down 0.15% from 5.40%.

- one year fixed becomes 5.25%, down 0.15% from 5.40%.

This brings them into line with ANZ, BNZ and Kiwibank.

TSB Bank is still offering 4.95% for a fixed 15 month term

All current mortgage rates are set out on our comprehensive mortgage rate page, here »

--------------------------------------------------------

Mortgage choices involve making a significant financial decision so it often pays to get professional advice. A Roost mortgage broker can be contacted by following this link »
--------------------------------------------------------

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment in the box on the right or click on the "'Register" link at the bottom of the comments.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current Comment policy is here.