Happy New Year Folks.
As the saying goes its as cheap as chips… 🙂
Movements in Home Loan Fixed Interest Rates
Happy New Year Folks.
As the saying goes its as cheap as chips… 🙂
Banks are @ 2.69% for 2 years.
Fixed interest rates continue to fall in these money printing times.
ANZ out today with 1 year fixed @ 2.79% and 2 years @ 2.95%.
HSBC has today slashed all its fixed home loan interest rates to 3.35%.
1 year fixed through to 5 years fixed are all 3.35%.
Historic lows.
Utilising its global muscle HSBC is offering 3.69% fixed for 2 years for new borrowers seeking to borrow $500k +.
The 3.95% one year fixed rates available through the 4 large Banks lasted 3 weeks.
In the space of 4 days this week all Four Banks have unsurprisingly reached the same conclusion that they could no longer offer that rate.
Competition…?
This week see’s ANZ and Westpac out with 1 year fixed interest rates of 3.95%.
Nothing like having a go at poaching anothers customers due to slower lending growth as a result of the Banks more restrictive lending policies.
ANZ has trimmed Fixed Home Loan Rates today.
For the under 80%’ers
1 year fixed to 4.19%
2 years fixed to 4.35%
3 years fixed to 4.49%
For those under the majical 80% mark.
1 year up .09 to 4.39%
18 months up .10% to 4.49%
ASB has today tweaked up their Fixed Interest Rate specials.
1 year up 0.04% to 4.29%
2 years up 0.05% to 4.34%
3 years up 0.05% to 4.39%