Westpac has rolled out a special two-year fixed rate of 4.99% but it has a number of qualifying criteria. The minimum amount of new lending has to be $50,000; there has to be at least 20% equity in the deal and Westpac's cashback offer does not apply.
To see how this rate compares click here to see the rates table sorted from lowest to highest two year rate. Remember too that TSB has a 15 month rate of 4.95%.
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.