Kiwibank drops 5 year rate to 6.95%

In a break from the other banks Kiwibank has dropped its rate for a 5 year fixed term mortgage from 7.60% to 6.95%. Most other banks are still around 7.60%

Kiwibank reduces 6 month fixed interest rate to 5.40%

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 […]

ASB reduces fixed interest rates

ASB has reduced its home loan fixed interest rates by up to 0.5 of a percentage point. The new Housing interest rates are effective as from 2 March 2011. For a fixed term of 6 months the new rate is 5.85 percent per annum, with the new 12 months Housing fixed rate being 5.95 percent […]