Mizuho and Sumitomo Mitsui to lower interest rates
Mizuho Bank and Sumitomo Mitsui Trust Bank are lowering their prime lending rates on home loans this month.
Mizuho is reducing the interest rate on their variable and fixed-type mortgages by 0.1%, while Sumitomo Mitsui will be reducing their variable rate from 0.775% to 0.725%. This will be the first time since November 2010 that Sumitomo Mitsui has reduced their variable rate.Read more