BNZ reduces some short-term mortgage rates

1NewsRNZWednesday 18 June 2025 · 2 outlets · 2 reports · updated

In this story Reserve Bank of New Zealand, ANZ, Westpac, ASB, Kiwibank, BNZ

Photo: 1News (opens in new tab)

BNZ has lowered several of its fixed-term home loan interest rates. The bank's six-month rate has decreased to 5.29 percent, while the one-year rate has fallen to 4.89 percent. These changes apply to both new and existing customers, effective from Wednesday.

How they headlined it

First reported by 1News, Wed 18 Jun 2025, 11:00am · 2 reports from 2 outlets over 2 hours
  1. 1News1News

    Major bank lowers some short-term mortgage rates (opens in new tab)

  2. RNZRNZ

    One-year home loan rate falls - but should you take it? (opens in new tab)