State-owned Kiwibank has cut its variable mortgage rate to 5.65 per cent.

You may have noticed the big Australian-owned banks trying to cuddle up to you lately.

Kiwibank is increasing its fixed mortgage rates for the second time this month.

Internet banking could become old hat as consumers now opt to use their mobile phones.

As the property market shows signs of rejuvenation, banks are loosening the purse strings.