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.

22 May 2020

The rate drop we didn't see coming

It started with ANZ slashing their rates and now the other mainstream banks are jumping on the bandwagon, each with different approaches.

21 May 2020

A new record-low for interest rates

Retail banks were called out by the deputy governor of the RBNZ for not passing their lower prices down to home loan borrowers. ANZ seems to have listened.

20 May 2020

Can mortgage rates drop any further?

Since the country has settled into Alert Level Two, we're now starting to see retail banks lowering their interest rates. But are home loan borrowers getting the benefit of cheap wholesale rates?

08 May 2020

Big banks join the rate war, dropping below 3%

As expected, the big banks are starting to drop their rates further to reach below 3%, and today ASB announced its two-year fixed rate of 2.99% while Kiwibank introduced a one-year fixed rate of 2.99%.