More Lenders Move Rates
ANZ, Westpac and The Cooperative Bank in New Zealand increased their variable rate this week. ANZ and The Cooperative Bank increased their variable rates by 0.25% p.a., whereas Westpac increased their variable rates by up to 0.35% p.a.
Check out the new rates in iLend™.
|
Lender
|
Product
|
Initial Rate
|
+/-
|
|
ANZ
|
Simple Variable
|
6.74%
|
0.25%
|
|
The Co-operative Bank
|
Floating Rate
|
6.7%
6.95% if LVR > 80%
7.2% if LVR > 85%
7.45% if LVR > 90%
|
0.25%
|
|
The Co-operative Bank
|
Fresh Start Floating Rate
|
8.70%
|
0.25%
|
|
The Co-operative Bank
|
Revolving Credit Facility
|
6.70%
|
0.25%
|
|
Westpac
|
Choices Everyday
|
6.75%
7.5% if LVR > 80%
7.9% if LVR > 85%
8.25% if LVR > 90%
8.5% if LVR > 95%
|
0.25%
|
|
Westpac
|
Choices Everyday Lo Doc
|
6.75%
|
0.25%
|
|
Westpac
|
Choices Offset
|
6.59%
7.34% if LVR > 80%
7.74% if LVR > 85%
8.09% if LVR > 90%
8.34% if LVR > 95%
|
0.35%
|
|
Westpac
|
Floating Base Rate
|
6.59%
7.34% if LVR > 80%
7.74% if LVR > 85%
8.09% if LVR > 90%
8.34% if LVR > 95%
|
0.35%
|
|
Westpac
|
Floating Base Rate Lo Doc
|
6.59%
|
0.35%
|
|