Title: Good Returns - Mortgage Rates and News Daily
Friday 19, March 2004
Friday, 19 March 2004
More rates keep tumbling to finish the week.
Sovereign and Equitable have reduced all their 1 to 5 year fixed rates.
Public Trust has reduced their 2 to 5 year rates and National Bank has reduced its 1 and 2 year rates.
TSB Bank has reduced their 1 to 3 year rates.
Mortgage Lender
Floating Rate
Fixed 6 Mth
Fixed 1 Yr
Fixed 2 Yr
Fixed 3 Yr
Fixed 4 Yr
Fixed 5 Yr
Floating
6 mnth
1 year
2 year
3 year
4 year
5 year
AA Financial Services
7.20
6.65
6.90
7.30
7.50
7.65
ANZ
7.50
6.65
6.80
6.80
6.99
7.20
7.25
ASB Bank
7.50
6.65
6.75
6.80
6.95
7.10
7.25
ABS Canterbury
7.25
6.50
6.80
6.95
7.60
AXA New Zealand
7.40
6.75
6.90
7.05
7.45
7.55
7.60
BankDirect
7.20
6.55
6.65
6.85
6.95
7.40
BNZ
7.50
6.65
6.80
6.69
6.89
7.20
7.20
Cairns Lockie
7.15
6.55
7.02
7.19
7.31
Elders Home Loans
7.20
6.99
7.30
eMortgage
7.15
6.55
7.02
7.19
7.31
Equitable
7.05
7.00
7.15
7.30
7.45
Fidelity Life
7.00
GEM Home Loans
7.25
7.40
7.65
7.80
7.90
General Finance
7.50
6.95
7.10
7.25
7.40
Guardian Trust
7.25
6.90
7.60
HSBC
7.45
6.75
6.65
7.25
7.30
7.50
7.60
HSBC - Specials
6.55
6.95
7.20
Kiwibank
6.95
6.55
6.75
6.85
7.25
7.35
7.40
Loan Plan
7.25
6.65
6.90
7.40
7.60
7.70
7.75
Loan Society
7.45
6.65
6.70
7.40
7.60
Napier Building Society
7.25
6.50
National Bank
7.50
6.65
6.75
6.80
6.95
7.20
7.25
NZ Finance
7.40
7.00
7.15
7.30
7.45
NZ Home Loans
7.40
6.65
6.90
6.95
7.50
7.65
NZ Mortgage Funds
6.95
7.55
7.74
7.89
7.96
8.02
NZ Mortgage Income Trust
7.95
Pacific
6.80
6.60
6.78
6.90
6.97
7.18
7.35
Perpetual Trust
7.50
6.90
7.40
7.60
Pioneer
7.25
7.00
6.99
7.15
7.35
7.80
7.55
Premier Mortgages
7.15
7.00
7.15
7.35
7.50
PSIS
7.40
6.55
6.85
6.95
7.50
7.60
Public Trust
7.40
6.80
6.89
6.99
7.20
7.25
Resi Home Loans
7.40
7.10
7.80
7.90
8.05
SBS
7.35
5.95
6.90
7.05
7.20
Silver Fern
7.45
6.80
7.20
7.45
7.65
7.75
SMC Building Society
7.40
6.45
6.65
6.70
7.25
Southern Cross
7.15
6.15
Sovereign
7.40
6.65
6.75
6.80
6.95
7.25
Trustees Executors
7.45
TSB Bank
7.40
6.75
6.80
6.95
Westpac
7.50
6.99
6.90
7.15
7.50
7.60
7.65
Wizard Home Loans
7.14
6.95
7.10
7.25
7.40
House sales and prices robust in February
Previous tentative signs of a housing market slowdown appear to have reversed in the latest figures on sales of existing homes.
Wave builds for Loansurf
While some may have written off any role for the internet in selling home loans, one website is quietly beginning to gain traction.
Two-year home loan rates a bargain
Hot competition continues in the medium term home loan rate market with BNZ moving the aggressive pricing strategy it has used for its two-year rate to the three-year one as well.
At ANZ we offer competitive interest rates and an extensive range of products that can help you renovate, upgrade or simply help you pay off your home loan more quickly. Call 0800 ANZ HOME (0800 269 4663), drop into any ANZ Branch, or visit www.anz.co.nz for more information.