KEY POINTS:
BNZ has announced it is offering a 4.99 per cent mortgage interest rate for a special six month mortgage rate as part of its "out of the box" package, which requires borrowers to take out two other products (such as credit cards or insurance) and have a 20 per cent deposit.
The offer will be valid from February 21 to March 6.
This would be the cheapest rate in the market, undercutting Kiwibank's 5.69 per cent for one year.
-Interest.co.nz
