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16 Feb 2026 15:42
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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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     Today's News

    Health & Safety:
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    Environment:
    Raw sewage is once again being pumped into the sea close to Wellington's southern shoreline, as heavy rain lashes the capital 14:57

    Business:
    More evidence of an improving economy - from the amount of freight hitting our roads 14:07

    Politics:
    Who has most access to the top? What 5 years of transport ministers’ diaries reveal 14:07

    Business:
    Potential for cost-cutting in the 1.8 billion dollar Interislander replacement plan 13:47

    Business:
    The housing market may be yet to turn a corner 13:27

    Business:
    Strong signs of economic turnaround from the latest half-year results 13:07

    Business:
    Retailers remain cautious despite a bump in card spending over the New Year period 12:47

    Law and Order:
    DNA recovered from glove found near Guthrie home that appears to match suspect's glove, FBI says 12:47

    General:
    Winter Olympics 2026: Matt Graham on dual moguls 'dad podium' as weather forces reschedule — quick hits from day nine 12:07


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