Mortgage wars reduce interest rates on home loans

The latest round of mortgage wars is heating up, with the ASB, ANZ and Co-operative Bank announcing cuts to their interest rates in the fight to attract customers as we move into what is traditionally the peak time in house buying. The cuts reflect competition in the market, and that wholesale interest rates have also fallen.

The latest round of mortgage wars is heating up, with the ASB, ANZ and Co-operative Bank announcing cuts to their interest rates in the fight to attract customers as we move into what is traditionally the peak time in house buying. The cuts reflect competition in the market, and that wholesale interest rates have also fallen.

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