Mortgage Rates Commentary 12 May 2010

Mortgage Rates

Kiwibank is the latest bank to start raising its fixed home loan rates with its one-year, 18-month and two-year rates increasing by 20 basis points and its six-month rate going up by 24 points to 5.99%.

PSIS upped its six-month and 18-month rates by 15 points and raised its one-year rate by 20.

AMP Home Loans for both its standard and priority products increased its six-month to two-year rates by between 10 and 25 basis points.

Keen for the best rate and some cash too?

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New Zealand

five star revews

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New Zealand

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Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

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