Westpac has today cut three of its fixed mortgage rates. Photo / NZ Herald
Westpac has today cut three of its fixed mortgage rates. Photo / NZ Herald
Three weeks since ASB kicked off competition among banks for the year, Westpac has this morning announced cuts to three of its fixed mortgage rates.
And the bank is encouraging customers to "make hay while the sun shines".
Westpac has reduced its one-year rate from 5.25 per cent to 4.89per cent, its three-year rate from 5.90 per cent to 5.39 per cent, and its five-year rate from 5.99 per cent to 5.75 per cent.