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

 

Cairns Lockie Releases New 2 Year Rate

Cairns Lockie Limited Home Loan Lenders

Press Release 30 October 2006


Cairns Lockie Releases New 2 Year Rate

Home loan lenders, Cairns Lockie Limited announced today a special two year rate for new and existing borrowers, with immediate effect.

The new rate is 8.09% fixed for 2 years.

Mr Lockie said that the new rate brings the Cairns Lockie 2 year fixed rate below the standard rate offered by the five trading banks. “There has been a lot of talk and advertising, about rates that cannot be beaten”, he said “well, we just have!”

“The Cairns Lockie floating rate has been amongst the lowest in the market for a number of years, and significantly lower than the rate offered by the five trading banks”, Mr Lockie said, “it is time that borrowers had available a low fixed rate alternative too.”

Cairns Lockie continues to receive most of its business from clients refinancing away from trading banks. Mr Lockie noted that clients switch lenders to take advantage of more flexible lending options with no ongoing fees.

Cairns Lockie Limited is a home loan lending company specialising in residential and residential investment lending. It has a strong internet presence through its site www.emortgage.co.nz

ENDS

Web www.emortgage.co.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>



All District Health Boards: Historic Pay Equity Settlement

An historic agreement has been ratified that addresses a long-standing undervaluation of a workforce that is critical to the smooth running of our hospitals and the delivery of healthcare... More>>


MPI: Dry Autumn In Waikato And South Auckland Leads To Drought Classification Drought conditions affecting the primary sector in the Waikato and South Auckland were today classified as a medium-scale adverse event, enabling a package of support for farmers and growers... More>>


Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>


DoC: Smeagol The ‘Gravel Maggot’ Leaves Its Rare Mark On The Remote West Coast
An extremely rare species of sea slug or ‘gravel maggot’ has been detected for the first time on a remote beach in South Westland... More>>



Immigration: Annual Net Migration Loss Of 7,300

The provisional net loss of 7,300 people in the year ended March 2022 was the lowest net migration for a March year since 2012, Stats NZ said today... More>>