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Results: Fixed rates

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16 October 2024

Could we see three-year fixed rates at 4.95% by Christmas?

Lenders were quick to drop their floating rates in response to last week's 0.50% OCR reduction, and we're starting to see the bene...

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10 October 2024

Bumper cut takes OCR down to 4.75%

On 9th October, the RBNZ stepped up the pace on rate reductions, announcing a 0.50% cut to the OCR. Here's what that means for mor...

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03 October 2024

Competition likely to heat up amongst the banks following next OCR cut

It's looking increasingly likely that next week's OCR announcement could bring a 0.50% reduction, tipping one-year fixed rates bel...

19 September 2024

Are we on track for one-year fixed mortgages rates below 6%?

With the widespread expectation being that we're headed for another 0.25% OCR decrease in October, that could put us on track for one-year rates below 6%. Here's what that means for borrowers right now.

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11 September 2024

With further rate cuts around the corner, the question becomes—to fix or float?

With two further OCR cuts expected before the end of the year, we could see one-year rates drop below 6% going into Christmas—so what does that mean for mortgage borrowers?

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04 September 2024

Interest rates settle as market awaits next OCR announcement

Interest rates have stabilised over the last week, but with two further OCR cuts expected before the end of the year, here's what that means for borrowers.

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29 August 2024

With interest rates on a downward slope, beware of fixing longer-term

Bank mortgage rates have been tracking downwards in the wake of the RBNZ's OCR cut. With longer-term rates sitting much lower than shorter-term fixed rates, borrowers need to be wary of that temptation.

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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.

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New Zealand

five star revews

Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.

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New Zealand

five star revews

Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.

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