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flag New Zealand's Co-Operative Bank lowers home loan rate to 4.99% after OCR cut, offering the market's lowest rate.

flag The Co-Operative Bank in New Zealand has reduced its floating home loan rate to 4.99% following a 0.25% cut in the Official Cash Rate, making it the lowest available rate in the market. flag The bank, which is customer-owned and a certified B Corp, has consistently passed on the largest rate cuts and smallest increases over the past four years. flag It has returned over $24 million in rebates to customers since 2013 and emphasizes long-term value, transparency, and social responsibility.

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