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24 Jan 2019 9:21
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  •   Home > News > Business

    A new mortgage war could be on the horizon, as the ANZ bank dangles a cheap rate to attract new business

    A new mortgage war could be on the horizon, as the ANZ bank dangles a cheap rate to attract new business


    It's offering loans at 3.95 percent fixed...for one year...in a limited time deal.

    Some smaller banks have attempted to lure customers with rates below 4 percent in the past month, but the major lenders haven't been this low since the 1940s.

    The highest New Zealand rate on record was a staggering 19.72 percent, in 1988.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     23 Jan: World Economic Forum accused of fuelling the problems it is trying to solve in Davos
     23 Jan: The Earthquake Commission has paid out over nine-hundred-thousand dollars in claims from the Taumaranui earthquake last October
     23 Jan: Tenants trying to beat the New Year rush have pushed rents to record highs in Wellington
     23 Jan: Speculation there's a link between falling house sales and the Government's foreign buyer ban
     23 Jan: The America's Cup could put even more pressure on Auckland's rental market
     22 Jan: Our export body is thrilled a business-as-usual agreement with the UK will patch up trade problems post-Brexit
     22 Jan: Genesis Energy has been burning more coal at its Huntly power station than at any other time in the past five years
     Top Stories

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    World Economic Forum accused of fuelling the problems it is trying to solve in Davos More...



     Today's News

    Entertainment:
    Russell Brand knows he would "destroy his whole life" if he was unfaithful to his wife Laura Gallacher 9:19

    International:
    Sydney Water work to replace smelly convict-era sewers splits Darlinghurst 9:16

    Entertainment:
    Prince Philip has been branded "insensitive and inconsiderate" by a woman who was injured in his car crash last week 8:49

    Law and Order:
    Is the release of former Jakarta governor Ahok a political liability or an asset for Joko Widodo? 8:26

    Entertainment:
    Chris Evans feels "very blessed" to be back on Virgin Radio 8:19

    Politics:
    The Prime Minister says they won't give up, despite a significant shortfall forecast for KiwiBuild 8:16

    Health & Safety:
    Police in Arizona have arrested a nurse, after a patient at a care facility gave birth 8:06

    Accident and Emergency:
    A warning for kayakers to watch out for weather conditions before hitting the sea 8:06

    Entertainment:
    Lisa Armstrong has responded to her ex-husband Ant McPartlin’s comments about his new partner in subtle Twitter activity 7:49

    Law and Order:
    An Auckland Council school holiday programme is making changes after a little boy was mistakenly locked inside a van in a windowless garage for up to 40 minutes 7:46


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