Second overseas bank reduces interest rates

Two of the three main home mortgage lenders have taken steps to ease financial burden, but questions remain as to when the third - a government owned institution - will take advice from the Economic Recovery Roadmap (ERR) and also lower interest rates.

Two of the three main home mortgage lenders have taken steps to ease financial burden, but questions remain as to when the third - a government owned institution - will take advice from the Economic Recovery Roadmap (ERR) and also lower interest rates.