Interest Rates Fall Again

Kiwibank cuts its fixed mortgage rates across the board – Westpac cuts too

Posted in News

Kiwibank is cutting its fixed mortgage rates across all terms.

The heaviest rate cuts are for four years where its rate moves to 6.79%, down 51 basis points from 7.30%.

Its two year and five year fixed rates are reducing 41 basis points. The five year rate falls to 7.19% and their two year fixed rate falls to 5.89%

Their three year rate falls to 6.39% from 6.70%, and both their 6 month and one year rate falls to 5.65%.


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