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.
Is it worth breaking your fixed loan while interest rates are low?
While rates are at record lows, Kiwis who have locked in a fixed rate mortgage at a higher rate might be asking if it’s worth breaking and fixing at a new rate?
Kiwibank's surprise rate change
As of this Monday (18th November), Kiwibank are dropping their one-year rate to 3.39% and increasing to their two-year fixed rate to 3.55%.
Bank lending restrictions easing
After the Reserve Bank’s recent decision to keep the Official Cash Rate at one percent, it looks like there could be more good news on the way for borrowers.
OCR remains unchanged
The RBNZ has announced that the OCR would remain unchanged at 1.0%.
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.