BNZ has made big cuts to its three-year rate taking it down to 5.85% on its Standard and Global Plus products. While it is not tagged as a Special low equity premium rates will apply to loans where the equity is less than 20%.
To see how it compares (and who has a sharper rate check out the table where it is sorted lowest to highest on three year rates here).
As reported yesterday Kiwibank has stopped lending in the low equity space. Here's the story and more to follow.
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