News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Competition likely to heat up amongst the banks following next OCR cut
It's looking increasingly likely that next week's OCR announcement could bring a 0.50% reduction, tipping one-year fixed rates bel...
Why opting to float may make sense in the current environment
With further interest rate cuts in the pipeline before Christmas, it may be worth holding off on refixing—and opting to float inst...
Are we on track for one-year fixed mortgages rates below 6%?
With the widespread expectation being that we're headed for another 0.25% OCR decrease in October, that could put us on track for ...
With further rate cuts around the corner, the question becomes—to fix or float?
With two further OCR cuts expected before the end of the year, we could see one-year rates drop below 6% going into Christmas—so what does that mean for mortgage borrowers?
Interest rates settle as market awaits next OCR announcement
Interest rates have stabilised over the last week, but with two further OCR cuts expected before the end of the year, here's what that means for borrowers.
With interest rates on a downward slope, beware of fixing longer-term
Bank mortgage rates have been tracking downwards in the wake of the RBNZ's OCR cut. With longer-term rates sitting much lower than shorter-term fixed rates, borrowers need to be wary of that temptation.
RBNZ cuts OCR by 0.25%, lower rates officially on the way
We're officially in a falling rate environment, after the Reserve Bank delivered a 0.25% cut to the Official Cash Rate this week, taking it from 5.5% to 5.25%.
Keen for the best rate and some cash too?
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing.
Katie
New Zealand
Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.
Martin
New Zealand
Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.