• Finance Book Store

Kiwbank slashes two-year home loan rate

Kiwibank has undercut its banking rivals with its two-year fixed home rate lowered this morning from 7.30% p.a. to 6.99%. The rate is at least 0.2% a year below the other big banks, offering two-year fixed rates of between 7.20% and 7.30%. Outgoing chief executive at the state-owned bank Sam Knowles said the rate cut was to provide longer-term certainty to customers who were concerned about …


Leave a Reply