Monday 17th January 2011
|Text too small?|
Kiwibank is cutting the interest on one of its fixed rate mortgages, possibly just for a fortnight, as a means of "testing the market".
The bank today said it was dropping its one-year home loan rate from 6.45% to 6.15%, matching the bank's floating rate.
"It has been some time since there have been any significant changes to interest rates, so Kiwibank is testing the market with a cut-rate one-year offer. We anticipate holding the rate until the end of the month," Kiwibank communications manager Bruce Thompson said today.
No comments yet
Geneva Finance Limited (NZX: GFL) Half Year Results
The New Zealand Refining Company Limited (NZX: NZR) NZ announces equity raising
Asset Plus Limited (NZX: APL) Result for the six months ended 30 September 2021
Me Today Limited (NZX: MEE) 30 September 21 Results and Conditional Placement
Oceania Healthcare Limited (NZX: OCA) Delivers Improved Performance Despite COVID-19
29th November 2021 Morning Report
Radius Residential Care Limited (NZX: RAD) Announces Half Year Results of FY22
NZ Automotive Investments Limited (NZX: NZA) Interim Results for Half Year 2022
Greenfern Industries Limited (NZX: GFI) Releases Interim Results
Hallenstein Glasson Holdings Limited (NZX: HLG) Announcement of Final Dividend