HSBC does it again

HSBC has launched another market-leading residential mortgage rate in New Zealand, offering owner-occupiers a 3.95% ‘Special’ interest rate for a two-year fixed-term home loan. This special home loan rate is being offered to new HSBC Premier customers, and existing Premier customers who borrow at least an additional $100,000.  To qualify for this rate, customers must provide an owner-occupied property as all or part of the security. Minimum deposit and equity criteria also apply.

HSBC Premier qualifying criteria are a minimum of either $500,000 in home loans or $100,000 in savings or investments with HSBC New Zealand.

HERE IS HOW IT COMPARES WITH OTHER BANKS