Kiwibank is now offering a six-month fixed rate mortgage special of 5.40%. Their current floating rate is 5.65%

Kiwibank chief executive Paul Brock said the special was expected to be available until the end of April.

“We have launched a couple of short-term specials this year and they have proved very popular attracting new business and also giving customers the chance to lock in a great rate and have some certainty in uncertain times,” Brock said.