Mortgage rate dance continues; As does the BDM shuffle

Mortgage Rates

There have been lots of rate changes in the past 24 hours. The interesting points are that ANZ has taken a strong market position in the one-year fixed term. You can see how it stacks up here.

The other observation is that most of the changes coming through are in the three, four and five year terms. It's fun to see the different pricing going on, but very little business is written in these long term maturities.

See the full table of changes here.

Meanwhile, Mortgage Link has appointed a new BDM, following the departure of Graham Clark.