HSBC has rolled out a market-leading special one-year fixed home loan rate of 5.39%. In addition, to this rate it has reduced its standard HSBC Premier one, two and three-year fixed mortgage rates to 5.69%, 5.75%. and 5.99%, respectively.
“We have offered these latest market-leading rates as we have been seeing increased demand for shorter tenor fixed term mortgages from our HSBC Premier customers,” said Glen Tonks, Head of Retail Banking and Wealth Management at HSBC New Zealand.
Please tell us about banks
It's that time of the year when we look at what banks are offering property investors when it comes to lending. I would like to invite you to take part in our annual bank lending survey. All respondents will be sent a complimentary copy of the NZ Property Investor Magazine. Please take a few minutes to fill in this survey. Many thanks. - Philip
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