Kiwibank has made the following cuts to home loan rates:
Kiwibank will be reducing the Home Loan Variable rate by 0.20% to 5.45%. It will be reducing the Offset and Revolving Home Loan rates by 0.15% to 5.50%. The cuts are effective Monday 14 March for new customers and Thursday 24 March for existing customers.
Kiwibank is also reducing fixed rates effective Monday 14 March.
- Reducing the 3 year fixed rate by 0.10% to 4.75% p.a.
- Reducing the 4 year fixed rate by 0.35% to 4.90% p.a.
- Reducing the 5 year fixed rate by 0.36% to 4.99% p.a.
For further information: Bruce Thompson, Communications Manager (04) 460 6831