Kiwibank has relaunched its special fixed rate of 4.99% p.a., but for a shortened term of six months.
The original special launched in May this year was for 12 months.
The special retains the requirement of 30% or more equity in the property.
The one-year promotion resulted in an unprecedented response from home owners seeking a level of certainty and protection from rate rises.
The 4.99% rate is 0.26% below the bank's regular carded rate and 0.66% below its variable rate.
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