Westpac Rate Changes
Effective Wednesday, 26th March, Westpac (NZ) increased their fixed and capped rates by up to 0.50% p.a. and at the same time they removed their 18 month special.
Their 2 year fixed special rate at 5.95% p.a. is still available.
Check out the new rates in iLend™.
|
Westpac Product
|
Initial Rate
|
+/-
|
|
1 Year Fixed
|
5.85%
|
0.36%
|
|
1 Year Fixed Lo Doc
|
5.85%
|
0.36%
|
|
18 Month Fixed
|
5.99%
6.59% if LVR > 80%
|
0.14%
|
|
18 Month Fixed Lo Doc
|
5.99%
|
0.14%
|
|
2 Year Fixed
|
6.49%
7.09% if LVR > 80%
|
0.20%
|
|
2 Year Fixed Lo Doc
|
6.49%
|
0.20%
|
|
3 Year Fixed
|
6.85%
7.45% if LVR > 80%
|
0.50%
|
|
3 Year Fixed Lo Doc
|
6.85%
|
0.50%
|
|
4 Year Fixed
|
7.19%
7.79% if LVR > 80%
|
0.20%
|
|
4 Year Fixed Lo Doc
|
7.19%
|
0.20%
|
|
5 Year Fixed
|
7.4%
8% if LVR > 80%
|
0.20%
|
|
5 Year Fixed Lo Doc
|
7.40%
|
0.20%
|
|
6 Month Fixed
|
5.50%
|
0.10%
|
|
6 Month Fixed Lo Doc
|
5.50%
|
0.10%
|
|
Capped 1 Year
|
6.19%
6.79% if LVR > 80%
|
0.49%
|
|
Capped 1 Year Lo Doc
|
6.19%
|
0.49%
|
|
Capped 2 Years
|
6.69%
7.29% if LVR > 80%
|
0.40%
|
|
Capped 2 Years Lo Doc
|
6.69%
|
0.40%
|
|