News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Keep fixing short and sweet
Now that interest rates have started along their downward path the recommended borrowing strategy is to go short. By short we are talking six months or one year.
Tug of war
Home loan rates are currently subject to two opposing forces and it is not clear if there will be one decisive winner, or if the two will cancel each other out.
More mortgages now qualify for KiwiSaver
More mortgages will qualify for payment through KiwiSaver as a result of changes announced by the Government.
OCR cut to 7.5%
The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points from 8.0% to 7.5%.
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. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.
Ryan
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.
Jo
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.