Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


HSBC still offering lowest fixed bank home loan rates in NZ

HSBC still offering lowest 1 and 2 year-fixed bank home loan rates in NZ


All the bank’s residential mortgages rates now under 7% pa after 4 and 5-year fixed rates cuts

HSBC New Zealand continues to offer its HSBC Premier customers the lowest one and two-year fixed residential mortgage rates of any bank in the New Zealand market at present, at 5.59% per annum and *5.79% per annum, respectively.

The bank also announces that it has cut its HSBC Premier five-year fixed home loan rate by 21 bps to 6.99% per annum – joining several other banks in offering the market-leading rate for that tenor – and reduced its four-year fixed home loan rate by 10 bps to 6.89% per annum. This makes HSBC one of the few banks in New Zealand with its home loan rate card all under 7% per annum.

“HSBC has one of the most competitive fixed-term home loan propositions currently offered by any bank in New Zealand, with market-leading rates across several tenors,” said Glen Tonks, Head of Retail Banking and Wealth Management at HSBC New Zealand. “If you are currently considering your mortgage options or buying a residential property, please come and talk to us about becoming an HSBC Premier customer to enjoy our attractive fixed home loan rates and the many other benefits of the HSBC Premier offering,” he added.

HSBC Premier is the bank’s flagship global personal banking proposition within its retail banking offering, and in 2013 HSBC won the 2013 Best Regional Retail Bank in Asia award from The Asian Banker Magazine.

In New Zealand, every HSBC Premier customer has a dedicated and experienced local relationship manager. Additional benefits include no fees at ATMs of any bank in New Zealand, commission-free foreign currency exchange at any HSBC branch worldwide and the ability to transfer money internationally between your own HSBC accounts free of charge in as little as 30 seconds.

An individual can qualify to become an HSBC Premier customer in New Zealand either via a minimum combined home loan of NZD500,000 or NZD100,000 in savings and investments with HSBC.

ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news