Caught out and cut

Friday, November 4th 2011, 10:11AM 1 Comment

BNZ's initial response to the rate cuts were described as underwhelming - a 30 month rate of 6.10%. Later it announced cuts across all its fixed rate card which are recorded it the table.  Also we have AMP dropping rates between 25 and 41 points and Kiwibank intends to withdraw its non-carded 30 month rate of 5.99% at the end of the day.

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Comments from our readers

On 4 November 2011 at 10:52 am Trish said:
I wonder if any one is able to explain why the ANZ has put their Flexirate rate up to 5.85% at the 1st of November when all of the fixed raes hve been decreased.
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