Kiwibank switches home loan focus

Monday, July 29th 2013, 7:21AM

Kiwibank has moved its focus from fixed rates to promoting its offset loan product, and has dropped the rate on its offset loan from 5.50% to 5.25%. Kiwibank and BNZ are the only two banks to offer offset loans. With these loans borrowers can offset their debt interest with interest on deposits. For more on what Kiwibank has done click here

We have added a Facebook page to mortgagerates.co.nz to help you keep up with what's happening in the market. To Like the page click here.

« Reading the OCR tea leavesOffsets open LVR debate »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved