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PHOTO: 123RF One broker said it was possible to get cash contributions of up to $8000 in some cases.

If you’re looking for a new home loan deal, now might be a good time to do it.

The pick-up in the housing market in spring usually leads to competitive rates and other sweeteners from lenders.

Kiwibank, along with announcing a reduction in its two-year fixed rate to match the big four at 3.45 per cent, is now offering $3000 a cashback contribution to people who move their home loan to the bank, provided they have 20 per cent equity and borrow at least $250,000.

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