Non-major slashes mortgage rates by half a per cent
A non-major bank has today announced a range of rate cuts across a number of home loan products for both investors and owner-occupiers.

Heritage Bank has today announced reductions of up to 0.50 per cent on new fixed rate home loans for both owner-occupiers and investors.

Owner-occupier fixed rates will reduce as follows:

- 2 year fixed will reduce by 0.15% to 3.84% per annum

- 3 year fixed will reduce by 0.20% to 3.99% per annum

The investor fixed rates reduce as follows:

- 2 year fixed will reduce by 0.50% to 3.99% per annum

- 3 year fixed will reduce by 0.40% to 4.09% per annum

These rate changes will come into effect from 24 August. Read More Here