Two to five-year rates are low compared to the last couple of years, with quite a drop seen in the last twelve months. Floating rates also remain historically low and look to stay that way with an increase in the Official Cash Rate (OCR) not expected until June next year, which is great for all those people wanting to get their debt levels down as quickly as possible.
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.