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29 Mar 2024 7:37
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  •   Home > News > Business

    The latest round of mortgage rate wars has intensified with some rates dropping to historic lows

    The latest round of mortgage rate wars has intensified with some rates dropping to historic lows


    ASB Bank has become the latest bank to join the party - dropping its one year fixed rate to match the record low 3.95 per cent offered by ANZ.

    JMI Wealth director Andrew Kelleher says it's almost too good to be true.

    He says this shows us there's a real battle for market share - with banks competing for a smaller pie with less lending going on.

    But he's unsure how sustainable it is.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Golf:
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    Entertainment:
    King Charles and Queen Camilla will attend the Easter Sunday service at Windsor Castle 7:23

    Living & Travel:
    A reminder to pet owners this long weekend to take the safety of their pets seriously 7:17

    Entertainment:
    Bill Nighy thinks he could deliver a baby via caesarean section 6:53

    Law and Order:
    Police enquires are continuing in Auckland's Brown's Bay this morning after a person died after an incident at a sushi restaurant 6:27

    Entertainment:
    Paris Hilton created a "Barbie doll perfect life" persona as a "trauma response" to the alleged abuse she suffered at school 6:23

    Business:
    Another pay offer is on the table for Police - after union members labelled the last one insulting 5:17

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17


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