Kiwibank may ease mortgage rates further

newzealandnews.net     May 16, 2008            

Mortgage rates could be in for another step down, with Kiwibank suggesting further easing within the next few weeks. State-owned Kiwibank led the recent falls in rates, when late last month it cut its two-year lending rate to 9.29 percent from 9.60 for borrowers with at least 20 percent equity in... [read full story]                

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