Kiwibank takes lead with new 18 month rate

Sunday, August 5th 2012, 7:10PM

Kiwibank has removed its 4.99% six-month special home loan and reverted to the standard carded rate of 5.25%.

However it has introduced "a new limited time" fixed rate term of 18 months at a special rate of 5.19% for borrowers with at least 30% equity (otherwise the rate is 5.40%).

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