Another Drop In Interest Rates By Bankdirect
MEDIA RELEASE
28th August 2000
ANOTHER DROP IN INTEREST RATES BY BANKDIRECT
BankDirect announces a drop to all its fixed home loan interest rates. These new rates will come into effect from tomorrow, 29 August 2000.
Rate New Rate Previously
6 month fixed 7.90% pa. 7.95%pa.
1 year fixed 8.10% pa. 8.15%pa.
2 year fixed 8.20% pa. 8.25%pa.
3 year fixed 8.25% pa. 8.30%pa.
5 year fixed 8.30% pa. 8.40%pa.
"This is great news for the home buyer and for those wanting to re-finance," says BankDirect General Manager, James Mitchell.
"Being a lower cost service provider, BankDirect consistently offers lower lending rates in the highly competitive home lending market. We are focussed on passing interest savings to our customers."
Ends
Prepared on behalf of BankDirect by
Drum For further information please contact: James
Mitchell
Sarah Sparks BankDirect General Manager
Drum http://www.bankdirect.com Email: sarahs@drum.co.nz
Email: james_mitchell@bankdirect.co.nz