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.
Pause in OCR now expected
Economists from the major banks are now expecting a pause in the tightening cycle from the Reserve Bank after the unemployment rate surprised everyone bouncing up to 6.8% in the June quarter from 6.0%.
Floating rates rise while fixed rates tumble
Lenders have rapidly followed the lead of ASB, increasing floating and six-month mortgage rates while cutting longer term fixed rates after the last Official Cash Rate (OCR) increase at the end of last month.
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.