General Finance made some large cuts to its long-term fixed rates at the close of last week as well cutting its variable and revolving credit rate.
Its cuts consisted of 25 basis points off its floating and revolving credit, 51 points taken off its two-year, 55 points off its three-year and 59 and 74 points off its four and five-year rates respectively. However, its six-month increased by 25 basis points to 6.55%.
Many of the banks General Disclosure Statements are out and mortgagerates.co.nz has looked into how they are performing. Click here for news on BNZ, Westpac and Kiwibank.
