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Bank drops fixed mortgage rates again
BNZ makes changes to its rates for loans covering one year through to five years

AI summary
BNZ has lowered several of its fixed home loan rates, following a recent Reserve Bank cut to the Official Cash Rate. The changes apply to mortgage terms ranging from one to five years, while the standard 6-month fixed rate remains the same.
New special rates include:
- 4.75% for 1-year, 18-month, and 2-year terms
- 4.95% for the 3-year term
This provides potential savings for homeowners and buyers considering fixing their mortgage interest rates.
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