Kiwibank takes one-year rate below 5%; Economic data may put more pressure on rates
Monday, August 1st 2022, 12:08PM
Kiwibank has sliced 24 basis points off both its one and two year fixed rate home loans. Senior Product Manager for Home Lending Pip Maxwell said “we are able to offer this one-year fixed term home loan rate after wholesale rates decreased slightly."
She says its the bank's most popular option for customers over the past few years.
To see how Kiwibank compares to other lenders on the one-year term CLICK HERE
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