The couple took their son to court for an Auckland home that was bought in 2006 for $249,000
Bank's previous rate changes were in early November
Other banks also made mortgage changes
It is the first mainstream bank to formally adopt rule
Previous rate match campaign successful
Central Bank welcomes court's decision
RBNZ files statement of claim over money laundering breaches
Credit scores affect a borrower’s chances of getting a mortgage, but lenders also consider other factors
Provider says amount is lower than any mortgage, fixed or floating, provided by any bank
New rates are available for new and existing clients with 20% equity in their properties