TSB Bank has added 10 basis points to its one and two-year fixed home loan rates yesterday. The rates are now 6.15% and 7.19% respectively and are the lowest offered by a bank by a good margin. It has also been well over a month since TSB last made changes to these rate terms.
A "staggering 20%" of New Zealanders are prepared to skip a mortgage repayment over the next year if they run short of cash according to a new study.
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