* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, August 5, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Microsoft Seeks to Extend Access to OpenAI Technology – PYMNTS.com

    Microsoft Aims to Broaden Access to OpenAI Technology

    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Microsoft Seeks to Extend Access to OpenAI Technology – PYMNTS.com

    Microsoft Aims to Broaden Access to OpenAI Technology

    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

BNZ cut short-term home loan rates, following other major banks

March 5, 2024
in Business
BNZ cut short-term home loan rates, following other major banks
Share on FacebookShare on Twitter

Navigation for News Categories

BNZ bank.

Photo: RNZ / Marika Khabazi

BNZ is the latest of the major banks to cut short-term fixed mortgage rates.

It comes as wholesale interest rates fell following the Reserve Bank’s Official Cash Rate decision last week.

BNZ trimmed rates by between 5 and 10 basis points. Its new six-month rate was 7.29 percent, the one-year rate was 7.24 percent, the 18-month rate dropped to 6.89 and the two year rate was set at 6.79 percent. Its one-year term deposit rate was 6 percent.

On Monday, ASB and ANZ reduced home lending rates following cuts by Westpac and BNZ in February.

ASB said its one-year lending rate had dropped 10 basis points from 7.39 percent to 7.29 percent, and its two-year lending rate had also decreased from 6.89 percent to 6.85 percent. The bank had also increased its 6-month term deposit rate by five basis points to 6.05 percent.

The changes followed ASB’s 18-month mortgage adjustment on 27 February which dropped 26 basis points to 6.89 percent.

“The reduction to some of our key mortgage terms in part reflects how swap rates have responded to the Reserve Bank’s decision to hold the Official Cash Rate (OCR) at 5.5 percent,” ASB executive general manager of personal banking Adam Boyd said.

“We know that the rising cost of living is affecting our customers, and alleviating a bit of pressure will be welcome news for homeowners in the current environment.”

Meanwhile ANZ reduced its one-year fixed rate to 7.24 percent while its two-year rate was 6.79 percent.

Earlier, Westpac dropped home loan rates on 9 February, cutting its special fixed one-year lending rate to 7.29 percent and the 18-month rate to 6.95 percent.

“While we are reducing our rates, we acknowledge that customers may be re-fixing their loans from the historically low rates we have seen over recent years and may still be concerned about their increasing costs,” Westpac NZ general manager of product, sustainability and marketing Sarah Hearn said.

“Our data shows the vast majority of our customers are coping well with higher living costs, but we encourage them to get in touch if they have any concerns.”

Westpac NZ also decreased term deposit rates by between 10 and 30 basis points on all terms between 12 months and five years.

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/510979/bnz-cut-short-term-home-loan-rates-following-other-major-banks

Tags: businessRatesShort-Term
Previous Post

Dairy prices fall for first time in 4 months

Next Post

Bitcoin hits record level against US dollar

Your nature photo might be a scientific breakthrough in disguise – ScienceDaily

Could Your Nature Photo Unlock the Next Big Scientific Breakthrough?

August 5, 2025
Scientists reexamine 47-year-old fossil and discover a new Jurassic sea monster – ScienceDaily

47-Year-Old Fossil Reveals an Astonishing New Jurassic Sea Monster

August 5, 2025
Moment of Science: Parker probe offers insights into sun, solar wind – WIS News 10

Parker Probe Unveils New Secrets About the Sun and Solar Wind

August 5, 2025
Nurse, marathon runner Jin Lee promotes healthy lifestyle by example – Bucks County Herald newspaper

Nurse, marathon runner Jin Lee promotes healthy lifestyle by example – Bucks County Herald newspaper

August 5, 2025
Who’s the top dog? Wave-riding canines compete in the World Dog Surfing Championships – NPR

Meet the Ultimate Wave-Riding Dogs Competing for the World Surfing Championship!

August 5, 2025
‘The Big Short’ investor warns despite economy’s stronghold against ‘thoughtless,’ ‘unprecedented’ tariffs so far, stagflation is coming – Fortune

The Big Short’ Investor Issues Stark Warning: Stagflation Threatens Despite Economy’s Surprising Strength Against Unprecedented Tariffs

August 5, 2025
‘Billie Jean’ – Hyde Park Herald

The Enduring Magic Behind ‘Billie Jean’ Revealed

August 5, 2025
Health insurance in Pennsylvania may see biggest hike in years – 90.5 WESA

Pennsylvania Braces for Its Largest Health Insurance Increase in Years

August 5, 2025
The Origins of the Political Power Grab in Texas – The New York Times

Inside Texas’s Bold Quest for Political Control

August 5, 2025
Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

August 5, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (755)
  • Economy (780)
  • Entertainment (21,657)
  • General (16,295)
  • Health (9,817)
  • Lifestyle (788)
  • News (22,149)
  • People (779)
  • Politics (789)
  • Science (15,993)
  • Sports (21,275)
  • Technology (15,757)
  • World (761)

Recent News

Your nature photo might be a scientific breakthrough in disguise – ScienceDaily

Could Your Nature Photo Unlock the Next Big Scientific Breakthrough?

August 5, 2025
Scientists reexamine 47-year-old fossil and discover a new Jurassic sea monster – ScienceDaily

47-Year-Old Fossil Reveals an Astonishing New Jurassic Sea Monster

August 5, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version