Misc

Can't get no loyalty

Elders says it gets no loyalty from customers who take out three year rates so has dropped it althogether.

Friday, February 13th 2004

Elders Home Loans has withdrawn its three-year fixed rate home loan and now only offers fixed rate loans for one and two years.

General manager Robert Redford says the company’s experience was that clients taking out three-year loans found the market moved against them.

"We didn’t get any goodwill out of it. We found as soon as those loans expired at the end of the three years, they were all being refinanced with someone else. We were just losing all those loans," Redford says.

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Changes at Tenancy Services for landlords

Unity First Home Buyer special	3.99
SBS FirstHome Combo	3.99
TSB Special	4.39
Co-operative Bank - First Home Special	4.39
ICBC	4.39
SBS Bank Special	4.49
Unity Special	4.49
ANZ Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49
Co-operative Bank - Owner Occ	4.49

Kainga Ora	4.49
ICBC	4.59
ANZ Special	4.69
BNZ - Std	4.69
Wairarapa Building Society	4.79
Nelson Building Society	4.87
Westpac Special	4.89
Kiwibank Special	4.89
Co-operative Bank - Owner Occ	4.89
Unity Special	4.89
TSB Special	4.89

Kainga Ora	5.15
ICBC	5.19
Westpac Special	5.29
ASB Bank	5.69
TSB Special	5.69
BNZ - Std	5.69
SBS Bank Special	5.69
Co-operative Bank - Owner Occ	5.69
AIA - Go Home Loans	5.69
Kiwibank Special	5.79
Westpac	5.89

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kainga Ora	5.69
Kiwibank	5.75

Misc

Can't get no loyalty

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