Mortgage News

Kiwibank promotes offsets

Thursday 25th of July 2013

It had previously done most of its marketing around special, fixed-term rates.
But chief executive Paul Brock said that because interest rates were low across the board, the bank wanted to focus on ways that it could help borrowers pay down their loans more quickly.
The offset product allows customers to use their savings, and those of other family members, to offset the total balan...

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