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14 Nov 2018 5:16
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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.

    © 2018 Newstalk ZB, NZCity


     Other Business News
     13 Nov: The Ministry of Justice says it's doing its best to minimise the impact of strike action
     13 Nov: The Reserve Bank is reviewing its home loan restrictions
     13 Nov: The justice system appears to be buckling amid strike action
     13 Nov: Major fines have been handed down to two central North Island businesses, found guilty of pollution
     13 Nov: Businesses are coping fine with the teachers' strike, because they've had so much practice at it
     13 Nov: Farmers are being urged to trade in their cows for a flock of sheep
     12 Nov: The Americans can't get enough of our wine
     Top Stories

    RUGBY RUGBY
    All Blacks midfielder Ryan Crotty looms as a key cog in the backline, ahead of the top two teams in world rugby squaring off in Dublin this weekend More...


    BUSINESS BUSINESS
    The Ministry of Justice says it's doing its best to minimise the impact of strike action More...



     Today's News

    Living & Travel:
    Another headache for Air New Zealand, after one of its planes was clipped by another on the tarmac at Los Angeles Airport 4:56

    Entertainment:
    Pippa Middleton has reportedly named her son Arthur Michael William Matthews 21:34

    International:
    Stan Lee, Marvel Comics writer, co-creator of the Avengers, X-Men and Spider-Man, dies aged 95 21:27

    Motoring:
    A fleeing driver who failed to stop for police in Auckland's Blockhouse Bay sped onto the Southern Motorway sideswiping several vehicles before crashing into a barrier in Mt Wellington 21:17

    Health & Safety:
    Doctors post blood-soaked photos after NRA tells them to pipe down over gun restrictions 21:07

    Entertainment:
    Kris Jenner has urged her social media following to join her in supporting the California Fire Foundation 21:04

    Entertainment:
    Kris Jenner has written a heartfelt message to Dream Kardashian to mark her second birthday on Saturday (10.11.18) 20:34

    Entertainment:
    Leonardo DiCaprio's birthday bash in Beverly Hills attracted a star-studded crowd on Friday night (09.11.18) 20:04

    Entertainment:
    Jessie J lent her support to Channing Tatum during the opening night of his 'Magic Mike Live' show in London on Saturday (10.11.18) 19:34

    Entertainment:
    Camille Grammer's home has been burnt down in the California wildfires 19:04


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