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

Gavin Grey: UK correspondent on Labour's poor showing at the local elections
03:41

Geoff Bertram: energy economist on the Greens calling for the Government to bring down power prices
05:43

Shane Solly: Harbour Asset Management expert on the market reactions to the 'no deal' announcement on the Middle East conflict
03:07