Kiwibank goes sub 5%

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Friday, April 27th 2012, 6:08AM

Hot on the heels of Reserve Bank governor Alan Bollard opening the door to a possible interest rate cut, government-owned Kiwibank has slashed its one-year fixed mortgage rate to just 4.99%. Details here

What did yesterday's OCR announcement mean for home loan rates? Have a read of this article to find out.

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