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Kiwibank cuts all fixed rates

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Contributor:
Fuseworks Media
Fuseworks Media

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).

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