Rate falls becoming pronounced
This week's featured mortgage rate graphs show how far home loan rates have come back in the past couple of weeks.
Tuesday, June 17th 2008, 6:34AM
The three groups we have are:
- Big banks: ANZ, ASB, BNZ, National and Westpac
- Second tier banks: Kiwibank, Bank Direct, Kiwbank and HSBC
- Non-bank lenders: Cairns Lockie, Sovereign, Pioneer, Wizard and PSIS.
These falls have reversed the situation that, briefly appeared a couple of weeks ago, where some of the shorter term rates were actually priced at less than their longer term peers.
| « Big rate falls forecast | Good home loan news mixed with caution » |
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