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5 Feb 2026 8:32
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  •   Home > News > Business

    A move by two major banks to drop their home loan rates to below three percent will help buyers on the cusp

    A move by two major banks to drop their home loan rates to below three percent will help buyers on the cusp


    Kiwibank's announced it will cut its one year fixed term rate from Monday to 2.99 per cent.

    ASB has cut its two year fixed term rate to 2.99 per cent from today.

    OneRoof property commentator Ashley Church says buyers who were a little nervous due to covid-19 will now have more confidence.

    He says the move will cost them less to buy more house - so it's a good thing for the market.

    © 2026 Newstalk ZB, NZCity

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     Top Stories

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    Super Rugby boss Jack Mesley is bullocking past any criticism of the competition's latest law trials More...


    BUSINESS BUSINESS
    More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait More...



     Today's News

    Rugby League:
    Former Kiwi Tony Kemp has applauded Australian Rugby League Commission chair Peter V'landys for his ambition, as State of Origin looks poised for Auckland's Eden Park in 2027 8:27

    Living & Travel:
    Westport's only air link could be cut within months 8:27

    Entertainment:
    Billie Eilish called for collective action amid unrest in the US, after winning the Grammy for Song of the Year 8:01

    International:
    A 'ghost airport' and sinkhole highway as Timor-Leste gambles on oil and gas with Greater Sunrise project 7:57

    Business:
    More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait 7:47

    Rugby:
    Super Rugby boss Jack Mesley is bullocking past any criticism of the competition's latest law trials 7:47

    Law and Order:
    A man has died suddenly at Auckland's Mt Eden Corrections Facility after returning from court 7:47

    Entertainment:
    Bad Bunny insisted the only thing "more powerful than hate is love" after winning a Grammy Award 7:31

    Accident and Emergency:
    One person has died following a crash in the Tasman district's Lower Moutere 7:27

    Entertainment:
    Kendrick Lamar has become the most-decorated rap artist in the history of the Grammy Awards 7:01


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