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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.

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03 October 2024

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...

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26 September 2024

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...

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19 September 2024

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 ...

11 September 2024

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?

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04 September 2024

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.

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29 August 2024

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.

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15 August 2024

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%.

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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.

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Katie

New Zealand

five star revews

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.

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New Zealand

five star revews

Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.

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