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

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news