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.
Earthquake could result in OCR cut
All the news focus is currently on the Christchurch earthquake and our thoughts are with readers in that region.
TSB grows home loan market share
TSB Bank grew its mortgage market share in the December quarter but its profitability fell as the interest it paid on deposits grew faster than interest paid by its customers.
Economists expect 50 basis point OCR cut
ASB and the Deutsche Bank expect the Reserve Bank to deliver a 50 basis point cut in the Official Cash rate (OCR) to 2.50% at the March 10 meeting - if not sooner.
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.