Heartland 2.5% floating rate; ASB using DTI test; Pepper promise

Tuesday, November 10th 2020, 9:39AM

Heartland has slashed its online floating rate to 2.5% – the lowest variable rate on offer in New Zealand. Check out the latest rates here.

ASB Bank has introduced debt to income ratios as a secondary test of borrowers' income, as lenders change their processes after Covid-19: [READ ON]

Pepper Money will keep paying trail to advisers with Covid-19 affected clients until the end of next year: [READ ON]

Tags: ASB

« OCR preview survey: what will the Reserve Bank do?LVR limits set to return; Bank capital rules delayed; How will RBNZ push down rates? »

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