SBS has now followed a similar pattern to ANZ National and General Finance and reduced its six-month rate by 29 basis points to 5.50 pc and its one-year by 9 basis points to 5.70 pc.SBS has now followed a similar pattern to ANZ National and General Finance and reduced its six-month rate by 29 basis points to 5.50 pc and its one-year by 9 basis points to 5.70 pc.
Following on from its variable and shorter term fixed rate cuts of last week, CBS Canterbury has now increased its two and three-year fixed rates by 15 basis points.
The next bank to make a move is TSB Bank with a 35 point cut to its six-month rate and a 9 point cut to its one-year fixed term interest rate.
This graph shows the home loan interest rate movements since the latest OCR cut on the 30th April 2009.
Click here to view our rates table in full and click here to graph comparisons.
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