Mortgage Rates Commentary 22 May 2009

Mortgage Rates

Credit Union North has passed on the latest OCR cut of 50 basis points to its variable rate.  It's rate now stands at 6.45%.

SBS Bank has added five basis points to its one-year fixed rate of which it reduced by 20 points only one week ago.  SBS has also incresed its three and five-year rates by 10 basis points each.

Click here to view our rates table in full and click here to graph comparisons.

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New Zealand

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