Non-major continues season of discounts

Mid-way into October, lenders' aggressive discounting has yet to end

Mid-way into October, lenders' aggressive discounting has yet to end
 

Heritage Bank cuts two variable rates

Discount Variable rate now 4.69% (4.74% comparison rate) after 30bps cut, for loans of less than 80% LVR. Heritage's Standard Variable has been cut by 65 bps to 4.99%.

Also note that the bank has raised some of their fixed rates.

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