Results: Fixed rates

Young woman sitting on floor with laptop and phone
04 December 2020

Have we all been wrong about interest rates remaining low?

Virtually everybody taking out a mortgage at the moment is fixing their interest rate for a one-year period. The trouble with this...

Straight, long road surrounded by trees
01 October 2020

A shift in longer term rates

ASB is the latest bank to drop their 4 and 5 year mortgage rates below 3%, joining BNZ and Westpac at 2.99% and it won't be long b...

Numbers 1 - 8 against a pink background
25 September 2020

Fixing one-year highly favoured

In my recent survey, 96% of Mortgage Advisors said that people are favouring the one-year term when fixing their mortgage. The rea...

20 July 2020

Rate cuts are likely to be short term only

Margins are below average for terms of three years and longer. This tell us that unless there's a change in borrowing costs, anyone holding out for further falls in rates is taking quite a gamble.

22 May 2020

The rate drop we didn't see coming

It started with ANZ slashing their rates and now the other mainstream banks are jumping on the bandwagon, each with different approaches.

21 May 2020

A new record-low for interest rates

Retail banks were called out by the deputy governor of the RBNZ for not passing their lower prices down to home loan borrowers. ANZ seems to have listened.

20 May 2020

Can mortgage rates drop any further?

Since the country has settled into Alert Level Two, we're now starting to see retail banks lowering their interest rates. But are home loan borrowers getting the benefit of cheap wholesale rates?