Latest news | MortgageRates.co.nz

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.

21 April 2020

Reserve Bank proposes to scrap LVR restrictions

After some consideration, the Reserve Bank of New Zealand (RBNZ) is proposing to scrap the Loan to Value ratio (LVR) restriction.

Newspapers being printed in commercial press
20 April 2020

Does a mortgage holiday affect your credit score?

During the lockdown, many New Zealanders financially affected by Covid-19 have been taking up the banks' offers of going on a mortgage holiday (also referred to as a repayment deferral).

Coins in a vice, sitting on a calculator
16 April 2020

Economic outlook - post Covid-19

BNZ released an economic outlook earlier this week, which outlines the need for us to remain grounded and realistic about New Zealand’s economy's recovery, post Covid-19.

Top view of pen, paper, printed graph and laptop
14 April 2020

Covid-19 lockdown: what will happen with house values?

Almost three weeks into our nationwide lockdown, some are starting to wonder if their property is worth what they originally paid for it.

Houses on suburban street in Auckland, New Zealand

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.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

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.

J

Jo

New Zealand

five star revews

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.

Get a free mortgage review

All fields are required