Kiwibank's 4.79% offer ends
Kiwibank is no longer offering its six-month 4.79% home loan rate but has cut its one-year fixed rate from 5.25% to 4.99%.
Monday, April 8th 2013, 3:19PM
by Susan Edmunds
Spokesman Bruce Thompson said the six-month rate had only been intended as a three-week special, to attract new business. “It worked well.”
Kiwibank chief executive Paul Brock said the interest rate market was very competitive.
The 4.99% one-year rate has no special conditions. Brock said it would give customers some certainty as they waited to see what would happen to rates over a longer term.
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