Kiwibank cuts some mortgage rates
Kiwibank cuts two, three and five year rates.
Kiwibank cuts two, three and five year rates.
Changes to a number of home loan rates have been made by Kiwibank, including ending the short-term “special” four-year fixed rate.
The two-year fixed rate has been reduced from 5.89% per annum to 5.79% per annum, with the three-year rate being reduced from 6.39% to 6.10% per annum.
The four-year special of 5.99% per annum finishes as of February 3 where the rate becomes a regular carded rate of 6.50% per annum, with the five-year rate being reduced from 7.19% to 6.90% per annum.
These changes will be effective Friday, February 3.