Mortgage | BNZ Joins Mortgage Rate War
May 23, 2012 – 6:07 am
BNZ has cut most of its fixed mortgage rates this morning, bringing its rates into line with cuts by other banks in the last two weeks.There has been slump of around 50-80 basis points in wholesale interest rates rates in the last six weeks as fears about the European debt crisis hit expectations for growth and inflation globally.Also, bank profit margins have risen around 40 basis points in the .. more …
Tags: mortgage

























