INDEPENDENT NEWS

Kiwibank makes cuts to all fixed mortgage rates

Published: Fri 11 Sep 2015 11:07 AM
11 September 2015
Kiwibank makes cuts to all fixed mortgage rates
Kiwibank has made cuts to all fixed rates following the 0.25% cut announced yesterday to variable rates.
The new rates are:
Variable: 5.90% (down 0.25%)
Offset mortgage: 5.90% (down 0.25%)
Revolving: 5.90% (down 0.25%)
6 month fixed: 5.19% (down 0.10%)
1 year fixed: 4.49%* (down0.30%)
2 year fixed: 4.59%* (down 0.06%)
3 year fixed: 4.85%* (down 0.14%)
4 year fixed: 5.25% (down 0.14%)
5 year fixed: 5.35% (down 0.15%)
* Min 20% equity. The standard 1 year rate is 4.85% p.a., the standard 2 year rate is 5.10% p.a., and the standard 3 year rate is 5.25% p.a. (Specials also available for Welcome Home Loan customers).
ENDS

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