ASB chases brokers; BNZ hikes rates
Thursday, June 26th 2014, 9:10AM
Hard on its rate change Friday night ASB has rolled out significant incentives to mortgage brokers. It is offering 1% off floating rates for two years and a 50 basis point cut to its fixed rates as well as extending a added commission campaign.
ASB says it is a Work Place Package for registered Brokers who hold accreditation and it is for their own personal residential lending and of course is subject to normal lending criteria and at the sole discretion of ASB.
BNZ has also increased rates today.
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