Westpac increasing longer term home loan interest rates on ‘improved economic outlook’ – Stuff.co.nz
Westpac bank is increasing its three, four and five-year fixed home loan rates, following a similar move by competitor Kiwibank on Friday.
Westpac’s advertised three-year rate is rising from 3.49 per cent to 3.59 per cent, while its four-year rate is rising from 3.79 per cent to 3.99 per cent, and its five-year rate is rising from 3.99 per cent to 4.29 per cent.
Its special rates, for customers with a minimum of 20 equity, are increasing to 2.99 per cent for three years, 3.39 per cent for four…
