We are starting to see some rate strategies emerge in this new interest environment. ASB and Bank Direct along with Sovereign have all dropped their 18-month fixed rate 20 basis points. For the banks this means the rate is 6.00% which are the lowest in the market.
However it woudl be fair to point out that not many lenders publish 18 month rates.
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. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.
New Zealand
The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.
New Zealand
Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.