Discover
Bank drops fixed mortgage rates again
BNZ makes changes to its rates for loans covering one year through to five years
AI summary
BNZ has lowered several of its fixed home loan rates, following the Reserve Bank's recent cut to the Official Cash Rate. The changes affect mortgage terms from one year through to five years, while the standard 6-month rate remains unchanged.
New special rates include:
- 1-year, 18-month, and 2-year terms at 4.75%
- 3-year term at 4.95%
These adjustments may offer significant savings for homeowners looking to fix their mortgage interest rate.
Author
Discover More
House that won last-ever Block NZ auction up for sale
Chloe Hes and Ben Speedy won The Block: Redemption for the completion of a townhouse in Ringi Lane, Orewa.
Will Labour cancel ‘tax breaks for landlords’? Here’s what it could mean for rents and house prices
What Labour would do with tax on rental properties is one of the big unanswered questions of the election.
Search
Other articles you might like
