KiwiBank joins the move to lower fixed rate mortgages

All major lenders have now cut at least some fixed rate mortgages, with KiwiBank announcing its reductions today.

Its six-month home loan rate was down 0.36 of a percentage point to 5.59%, the one-year rate was cut 0.5 to 5.95%, the two-year dropped 0.19 to 6.4%, the three-year was down 0.19 to 6.9%, the four-year was down 0.15 to 7.3%, and the five-year down 0.1 to 7.6%.

NZPA

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

August 1st Morning Report
Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update