BNZ makes some competitive and no so-competitive cuts

BNZ has made a series of rate cuts across its card, The most competitive, although not market leading, rates it now has are the two-year term where it is on par with ANZ, but behind HSBC and TSB. It is a similar story with its one-year and three-year term.

Changes have also been made to its six-month, four and five year rates.

REINZ data out yesterday showed Auckland house prices had their first increase in six-months. [READ ON]