SBS latest to increase rates

Friday, February 5th 2010, 5:06AM

SBS has changed its mortgage rates today hiking up its one-year rate by 10 basis points to 6.35% and its two-year rate by 5 basis points to 7.30%.

The one-year rate was previously on the median for minor bank lenders at 6.25%.

Southern Cross Building Society also upped its one and two-year fixed rates by 20 basis points to 6.10% and 7.10% respectively.  Its new rates are still well below the median for these terms for non-bank lenders.

 

« Westpac ups one-year ratesYep, it's the two-year market for SBS »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2020 Tarawera Publishing Ltd. All Rights Reserved