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.
Three things to consider when choosing your mortgage rate
We're entering a market where interest rates are the lowest they have ever been. The question most people are contemplating is:
What's happening across the ditch
The biggest conversation in the market right now is around the OCR. Will it keep going down? Is it because of low business confidence? Will mortgage rates keep going down?
Chinese banks setting the new standard
The Chinese bank ICBC is the latest to sharpen its home loan rate with 3.18% for one year, 18 months and two years fixed.
OCR expected to drop to 0.5
The latest NZIER quarterly survey of business opinions suggest that GDP could fall below 1% later this year.
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.