Heritage Bank on Monday lowered its interest rates for Discount Variable loans and Standard Variable loans and introduced a decline in its comparison rates as well.
Interest rates for Discount Variable loans were down to 4.39% from 4.69%. The Standard Variable loan rate, meanwhile, is down from 4.99% to 4.69%.
New comparison rates for the bank’s one-year to five-years fixed rates are below:
||Current comparison rate
||Previous comparison rate
|1 Year Fixed
|2 Years Fixed
|3 Years Fixed
|5 Years Fixed
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan