Splitting encouraged

Monday, May 26th 2014, 8:07AM

We had a flurry of rate changes on Friday, and one of the most interesting changes was Kiwibank’s launch of a switch campaign. Unfortunately the campaign isn’t running here but the whole premise is to encourage borrowers to split their home loan rates across floating and fixed terms. It is offering a "special" two-year rate for borrwers who split.

Also this morning SBS has put out a new three-year special of 5.95%.

« Friday flurryBNZ opts for long rates »

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