BNZ and KiwiBank are the latest banks to announce cuts to mortgage rates.
ANZ and Westpac had already dropped rates earlier in the week, leaving ASB as the last remaining big bank to hold back cuts at this state.
Finance and Mortgage Advisors Association country manager Leigh Hodgetts joined Jack Tame.
LISTEN ABOVE

Enda Brady: UK correspondent on Harry and Meghan removing their children from UK school amid security concerns
04:04

Jamie Mackay: The Country host on what the latest Federated Farmers Confidence survey means for the sector
04:15

Ben O'Keeffe: international rugby referee and expert on whether less TMO influence improves rugby
05:42