With this ASB retracement, that leaves Kiwibank as the main bank with the highest two year fixed rate offer. But among these main banks, Kiwibank has an especially attractive one year fixed rate, so they will probably focus on that. That has resulted in shifting positions for banks with the lowest fixed mortgage offers. Here is the updated snapshot of the lowest advertised fixed-term mortgage rates on offer from the key retail banks at the moment. Daily swap rates Select chart tabs 1 year % 2 years % 3 years % 4 years % 5 years % 7 years % 10 years % Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA

Source: Stuff July 08, 2022 03:02 UTC