Kiwibank ends special, lowers 1yr rate

Kiwibank has reduced its one-year fixed home loan rate by 0.15% to 5.80%. It has also ended the "special" six month rate promotion, increasing the rate from 5.59% to 5.75%. The changes are effective from 18 March 2011.

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We did say that there would be a draw for a case of wine, but we had a little problem and didn't include anywhere for you to enter the draw! Doh. To make up for that we will donate the wine money to the Christchurch earthquake appeal.

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