Mortgage News February 26, 2020
RESIMAC Rate Changes

Effective 26th June, Resimac in New Zealand reduced their Prime Low Doc rates and at the same time increased their Prime Standard rates.


The new rates below are also updated in iLend™.

Resimac Product

Initial Rate

+/-

Standard Loan

6.34%

0.25%

1 Year Fixed

6.06%

0.26%

2 Year Fixed

6.38%

0.19%

3 Year Fixed

6.82%

0.07%

4 Year Fixed

7.22%

0.03%

5 Year Fixed

7.36%

0.01%

Low Doc Loan

7.34%

-0.25%

Low Doc 1 Year Fixed

7.06%

-0.24%

Low Doc 2 Year Fixed

7.38%

-0.31%

Low Doc 3 Year Fixed

7.82%

-0.43%

Low Doc 4 Year Fixed

8.22%

-0.47%

Low Doc 5 Year Fixed

8.36%

-0.49%

 

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