Secret deals

We have seen a bit of publicity around some banks offering discounted interest rates to some mortgage brokers. This is true with BNZ offering 4.99% for 1 yr fixed for new to bank customers with no cash back (now finished). And ANZ and ASB have hit back with 5.99% for 2 yr fixed via brokers.

It just shows how the slow down in mortgage lending has hit banks and they are scrambling for market share. But to ignore their existing client base is hard to understand!

So it’s best to speak to us first if you are looking for mortgage finance as brokers can often get better deals and cash backs.