Kiwibank drops home loan rates

Its three-year rate was down to 8.99%, however it is offering 8.79% for loans up to an 80% loan to valuation ratio.

“We have been monitoring the markets very carefully and have seized an opportunity to make immediate cuts,” Kiwibank chief executive Sam Knowles says.

He says Kiwibank had been able to use strong growth in deposits to fund lending,

Kiwibank said its rates were: one year 9.29% (down 0.11%); two year 8.99% (no change); three year 8.79% (down 0.26%); four year and five year 8.99% (both down .06 per cent). The two and three year rates are only available for home owners or home purchasers with 20% or more equity in the property.

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:

KMD Brands completes share consolidation
July 2nd Morning Report
SPK - Spark notes Government spectrum policy announcement
SML - Synlait finalises refinancing and advises changes to balan
KMD strengthens balance sheet with debt refinance
GXH - Green Cross Health Limited - Annual Shareholders' Meeting
VGL - Cineplexx Europe signs to Operational Excellence
STU - Steel & Tube - Director Resignation - Steve Reindler
Ryman Healthcare Limited Notice of Meeting 2026
Spark New Zealand FY26 Results Announcement Date