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Kiwibank cuts floating interest rates

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Contributor:
Fuseworks Media
Fuseworks Media

Kiwibank has made cuts to variable rates following the 0.25% cut announced this morning by the Reserve Bank. Variable, revolving and offset mortgage rates have all been cut by 0.25% to 5.65% p.a.

The new rates will take effect on Monday December 14 for new customers and in two weeks for existing customers.

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