SBS, which is also a mutually owned building society, is offering five-year mortgages at 4.99% per annum, which is the lowest five-year carded rate from a New Zealand bank since interest.co.nz's records began in 2001:http://www.interest.co.nz/news/74420/sbs-bank-launches-growth-push-through-lowest-5yr-home-loan-rate-interestconzs-records-beg