To end a very busy week for rate changes last week, Westpac increased its six-month and one-year rates with them both rising 15 and 10 basis points respectively.
However it was the only bank last week to make cuts to its rates with its two-year rate dropping from 7.30% to 7.20%. TSB Bank has the lowest standard two-year rate for a bank on our table at 7.19%.
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.