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.
Bollard leaves rates unchanged but talks tough
As expected Reserve Bank governor Alan Bollard left his benchmark official cash rate (OCR) unchanged but warned of upside inflation risks and that there is no scope for easing interest rates in the foreseeable future.
Economists say interest rates will be left unchanged
Despite Reserve Bank governor Alan Bollard's hawkish words threatening a further rate cut when he last reviewed interest rates in late April, a message reinforced in two subsequent speeches, economists expected him to leave rates unchanged on Thursday.
Competition keeps rates down
Weekly home loan report: Three factors are in play for home loan borrowers at the moment
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.