Westpac NZ reduces fixed home loan interest rates

Thursday 12 June 2025 · 2 outlets · 2 reports · updated Thu 12 Jun 2025, 5:52pm

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

Westpac NZ is lowering its six-month and one-year fixed home loan rates starting this Friday. This follows recent rate cuts by Kiwibank, ANZ, and ASB after the official cash rate fell to 3.25%.

How they headlined it

3:50pm5:52pm

1. 1NewsThu 12 Jun 2025, 3:50pm

   Another major bank cuts home loan interest rates (opens in new tab)

2. NZ HeraldThu 12 Jun 2025, 5:52pm

   Westpac lowers fixed home loan rates after OCR drop (opens in new tab)