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More banks will lower fixed rate mortgage rates, economists say

Summary by RNZ
An economist says he expects to see banks offering more fixed rate mortgage cuts over the couple of weeks following the Reserve Bank's 50 basis point cut to the official cash rate.

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RNZRNZ

More banks will lower fixed rate mortgage rates, economists say

An economist says he expects to see banks offering more fixed rate mortgage cuts over the couple of weeks following the Reserve Bank's 50 basis point cut to the official cash rate.

·New Zealand
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Mortgage StrategyMortgage Strategy

Barclays cuts rates by as much as 46bps, Co-op by up to 82bps   – Mortgage Strategy

Barclays will launch new residential loans and cut fixed rates by up to 46 basis points on Friday (21 February), while the Co-op has cut rates by as much as 82bps.    Barclays’ new products for existing customers include:   Two-year reward fixes, with a £999 product fee, at 90% loan to value, at 5.01%   Five-year reward fixes, with no product fee, at 90% LTV, at 4.75% Barclays’ residential rate reductions for existing customers include:   T…

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Mortgage Finance GazetteMortgage Finance Gazette

NatWest lowers rates up to 46bps, TSB cuts resi rates by 0.30% – Mortgage Finance Gazette

NatWest has made reductions across various ranges of up to 46 basis points. Rates in the lender’s buy-to-let (BTL) range have seen the biggest cut with the two-year fixed remortgage at 75% loan-to-value (LTV) has been lowered from 4.46% to 4.00% with a product fee… The post NatWest lowers rates up to 46bps, TSB cuts resi rates by 0.30% appeared first on Mortgage Finance Gazette.

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Mortgage Finance Gazette broke the news in on Wednesday, February 19, 2025.
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