BNZ sets new low for floating rates

Thursday, September 17th 2009, 3:46PM

BNZ has taken 26 basis points off its TotalMoney variable housing rate making it the lowest variable home loan rate available in the market at 5.59%.

Also its variable rate for Standard, GlobalPlus, Fly Buys, Rapid Repay home loan products has been cut by 31 basis points, and a 30 basis point reduction has been made to the Mortgage One home loan offering.  For more on these changes click here.

We also take a look at this weeks BNZ Weekly Overview.

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