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Kiwibank lowers fixed home loan rates in New Zealand as the Reserve Bank nears end of easing cycle.
Kiwibank has lowered its fixed home loan rates for three, four, and five-year terms in New Zealand.
The special rates now stand at 5.35%, 5.59%, and 5.79% respectively, while standard rates remain at 6.15%, 6.39%, and 6.59%.
With the Reserve Bank of New Zealand nearing the end of its easing cycle, longer-term rates may not drop further, but floating rates are expected to stay low.
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Kiwibank baja las tasas fijas de préstamos hipotecarios en Nueva Zelanda a medida que el Banco de la Reserva se acerca al final del ciclo de flexibilización.