Long term fixed rates dip below 4%

For something new today we have produced a graph comparing Special rates from three New Zealand-owned banks, Kiwibank, SBS and TSB as well as HSBC. It shows there is a wide range of rates on offer.

Friday, August 30th 2019, 10:47AM

Kiwibank, which recorded strong lending growth in the most recent financial year, continues to grow with the release of more market leading rates.

It has had the lowest one-year fixed rate for a while but now leads in the four and five year terms with sub-4% rates.

We have done something different today and produced a graph comparing which shows the wide difference among rates being offered in the market. HAVE A LOOK HERE

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