Mortgage Rates Commentary

Kiwibank fixed rate cuts; Avanti debt milestone

Friday 16th of August 2019

Yet more rate cuts this morning.

Kiwibank has made some big cuts on its fixed rate card. Its 1 year special is down to 3.55% from 3.79%, and becomes the cheapest in the market by 14 basis points. Kiwibank's 2 year special falls to 3.65% from 3.79%, also the cheapest in the market.

Take a look at how market rates compare on our rates table.

In other news, Avanti has reached a debt milestone it says will free up more capacity to lend. Find our more here: [READ ON].

 

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