Mortgage News

Kiwibank claims win with rate campaign

Wednesday 30th of May 2012

Kiwibank says its 4.99% one-year fixed mortgage rate is the biggest thing the bank has ever done.

It announced today that the offer will expire at the close of business tomorrow.

It has been available for just over a month.

The rate was only available to those with 30% equity in their property but bank spokesman Bruce Thompson said it had generated hundreds of millions of d...

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