Thursday 11th September 2008 |
Text too small? |
It has reduced all home loan rates including 0.50% off its variable rate and 0.36% off its two-year fixed rate. Kiwibank chief executive Sam Knowles said cuts will be a welcome relief to new home buyers and those looking to re-fix their mortgages.
“We appear to have passed the peak of very high interest rates and we now have the opportunity to pass on some genuine savings to home owners.
Kiwibank is taking what it calls “a very aggressive position” in the popular two-year fixed area with an 8.49% special and an 8.39% three-year rate. However, these rates apply for those with 20% or more equity in their property.
The variable rate is now at 9.70%.
No comments yet
BPG - Blackpearl Acquires US AI Platform to Accelerate Growth
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form