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.
The latest rate changes
Following the capital requirement announcement, one major bank has increased its one-year rate and we expect the other
Capital Requirements to increase in 2020
Today the Reserve Bank of New Zealand announced their final decision to increase the capital requirement for banks.
Changes ahead for home buyers
From this Friday, home buyers who want to withdraw from a purchase the finance clause may be asked to provide evidence.
Rumour mill: Will banks reduce their test interest rates?
There’s currently much speculation about whether banks will reduce their test interest rates in 2020. What would be the impact if they do?
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.