Results: Banks

Man and woman standing together looking over some papers
23 December 2025

Wholesale rates settle—some variation between banks on longer-term fixed rates

With so much movement happening in the market, we're seeing some variation between the banks on longer-term fixed rates—so seeking...

Fluffy black cat on its back, appearing like it's playing with a toy
17 December 2025

Some fixed rates up, some down, as banks respond to wholesale rate changes

Wholesale rates have climbed significantly over the last couple of weeks, prompting some lenders to increase their longer-term fix...

Green cricket hiding behind a leaf.
04 December 2025

Mortgage rates largely flat despite OCR fall—now's the time to fix

There's been little to no movement in fixed rates off the back of last week's OCR cut—sending a clear signal that we're at the bot...

11 September 2023

Inflation remains a thorn in the economy's side

The Reserve Bank is unlikely to be feeling that the 5.5% level they took their official cash rate to in May is generating excessive downward pressure on inflation in the country. So could they be thinking about tightening again as some still predict?

Girl touching thorny cactus
17 July 2023

Reserve Bank puts an end to the OCR hikes – but challenges still lay ahead

The Reserve Bank remains confident there is no need to increase the OCR further — but when will mortgage interest rates begin to fall? New borrowers are still feeling the crunch too, with bank test rates often higher than 9%.

Man standing on the top of rocks
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

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.

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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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