kirmishes in mortgage war continue despite end of BNZ campaign
National Bank today announced it was cutting its fixed rate six month, three, four and five years loans from 8.10% to 7.8%.
Wednesday, May 4th 2005, 7:53AM
by The Landlord
Corporate affairs manager Robert Reid said the cuts "reflect what's happening in the market place".
He noted that rival bank ASB had dropped its fixed rates to around 7.8% across the board.
National left its one and two year fixed rates unchanged in today's announcement.
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