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.

05 May 2020

The 1-year fixed rate reaches a new low

China Construction Bank has positioned themselves as the bank with the lowest 1-year fixed rate, with a cut down to 2.80%. They're now ahead of HSBC (2.95%) and Heartland Bank (2.89%). Will the big five be able to match it?

01 May 2020

Breaking: Loan-to-value (LVR) rules are removed by the RBNZ

The Reserve Bank of New Zealand (RBNZ) announced yesterday that the loan-to-value ratio (LVR) restrictions that they put in place back in 2013 will be removed from 1 May for 12 months. So what does this mean?

30 April 2020

Economic Outlook - Negative OCR?

As the country settles into Alert Level Three, we’re starting to see signs of the beginning of our economic recovery. There have been many discussions around the OCR going negative, and it seems like it could be a very real possibility.

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.