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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.

06 May 2021

How stronger employment could impact interest rates next year

Unlike overseas central banks, ours has never placed a timeline on its low interest rate policy, instead making any rate change conditional on the achievement of its key targets. Let's explore what those targets are and where they're at.

Woman holding 'open' sign in shop window
23 April 2021

Two triggers for rate rises

At some stage banks will raise their fixed lending rates to avoid locking in lending at low margins for a number of years. There are two potential triggers for these rate rises, according to Economist Tony Alexander

White arrow painted onto road
22 April 2021

Broker releases 5% deposit mortgage for first home buyers

It allows deposits of as low as 5%, and is aimed at helping first home buyers who have good incomes but not enough deposit to meet the 20% often demanded by trading banks, or who don’t qualify for the Government’s Kainga Ora scheme.

Young couple covering couch with white fabric
09 April 2021

Improving growth outlook will eventually lift fixed rates

The chances remain high that in coming weeks we will start to see banks in New Zealand edging some of their fixed rates slightly higher.

Green shoot from pebbles