The chainsaws have been busy in the home loan market as lender after lender cuts fixed mortgage rates. HSBC once again takes a market leading position stamping a 5.49% number on pretty much all of its fixed rate terms. Of course this is its "Premier" product and has its standard terms and conditions we have often written about.
The only significant place it has been bettered is the two-year term where SBS is just 10 points lower.
Meanwhile MortgageLink has a new significant shareholder and chief executive. Find out more here
| « ASB takes lead in five-year fixed rate market | The Co-op Bank makes two cuts » |
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