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Results: Banks

Cavoodle dog looking out the window of a truck
26 June 2025

Mortgage rates trucking along as is for now

It's all looking pretty quiet on the interest rates front at the moment. While shorter-term rates are expected to fall a little fu...

Close-up shot of a checkmate move in chess, knocking the king down.
12 June 2025

Competition keeping mortgage rates in check, despite rise in wholesale rates

Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow sui...

Parachuter coming in to land at sunset
29 May 2025

Another OCR cut in the bag—and we're almost at the bottom of the rate cycle

The Reserve Bank dropped the OCR by a further 0.25% this week, down to 3.25%—meaning we're now within reaching distance of the bot...

01 June 2023

What's in store for interest rates after the recent OCR announcement?

Following on from the Reserve Bank’s recent decision to raise the cash rate 0.25% to 5.5% and signal that they don’t plan any more rises, what is likely to happen with bank mortgage rates over the remainder of 2023?

Hands hovering over a crystal ball, with candles on either side.
24 August 2022

Uncertainty around mortgage interest rates

The past 1-2 weeks has brought quite a pullback in confidence about inflation and monetary policy, but it's not because the economic outlook has suddenly improved.

Man looking out window
08 October 2021

Interest rates on an upward march

The long-awaited monetary policy tightening cycle has now kicked off in New Zealand as the need for record low interest rates to combat feared effects of Covid-19 has disappeared, and the need to fight rising inflation has soared.

Stairs with white picket fences
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

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.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

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.

J

Jo

New Zealand

five star revews

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.

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