Competition is heating up in the mortgage market.
Kiwbank is launching a limited time 2-year fixed mortgage rate of 3.99 percent.
That trumps the special rate of 4.19 percent being offered right now by at least three banks.
It is always important to ask for a better deal from your bank and to also see what is on offer from other banks.
If you look at the floating rates right now there is a 0.4 percent difference between the lowest and highest advertised rate.
The difference is around 0.7 percent between the lowest and highest two-year fixed rates.