Scoop has an Ethical Paywall
Bankdirect Cuts Variable Home Loan Interest Rate
August 16th 2002
Media Release
Bankdirect Cuts Variable Home Loan Interest Rate
BankDirect has cut its Variable and FlexiLoan home loan interest rates.
The new rate of 7.55% per annum is in response to global easing in rates – led by the US market.
New Rate Rate
Previously
7.55% p.a. 7.70% p.a.
New customers will benefit from this new rate immediately, followed by existing customers on September 6th 2002.
“BankDirect is a home loan specialist with no expensive branches to support, fewer overheads and on average lending rates that are lower than our competitors,” says Head of BankDirect Kevin Leith.
“We are committed to passing on interest savings to our customers immediately and the easing of global markets is a boost for New Zealand mortgage holders”.
Customers can find out more online at www.bankdirect.co.nz or may contact a BankDirect home loan specialist by phoning 0800 500 400.
Ends.
Dominion Road Business Association: Auckland Transport's 'Bus To The Mall' Campaign: A Misuse Of Public Funds And A Blow To Local Businesses
Parrot Analytics: A Very Parrot Analytics Christmas, 2024 Edition
Financial Markets Authority: Individual Pleads Guilty To Insider Trading Charges
Great Journeys New Zealand: Travel Down Memory Lane With The Return Of The Southerner
WorkSafe NZ: Overhead Power Lines Spark Safety Call
Transpower: Transpower Seeks Feedback On Electricity Investment Short-list For Upper South Island
