BNZ reduces one-year fixed home loan rate to 4.49 per cent

Tuesday 30 September 2025 · 3 outlets · 3 reports · updated Tue 30 Sep 2025, 10:57am

In this story BNZ

The Bank of New Zealand has lowered its standard advertised one-year fixed home loan rate to 4.49 per cent per annum. The change is effective immediately for new and eligible existing customers. Executive Karna Luke stated the bank is competing for customers due to strong demand for one-year fixed terms.

How they headlined it

7:55am9:08am10:57am

1. StuffTue 30 Sep 2025, 7:55am

   4.49%: BNZ announces cut to 1-year fixed home loan rate (opens in new tab)

2. 1NewsTue 30 Sep 2025, 9:08am

   One-year fixed mortgage rate slashed by major bank (opens in new tab)

3. Otago Daily TimesTue 30 Sep 2025, 10:57am

   Major bank cuts home loan rate below 4.5% (opens in new tab)