Results: Mortgage Rates
HSBC drops their 1-year, 18-month & 2-year rates
As we enter the first day of our four-week (at least) lockdown, HSBC has announced their new mortgage rate of 2.95% for one-year a...
More rate cuts - an update
Westpac and BNZ have joined the rate war this week, dropping their one-year term to 3.09%. This seems to be the new norm.
Post OCR slash: mortgage rate update
It's been two days since the emergency OCR cut, which saw our already low rate go from 1% to 0.25%. So how does this translate into mortgage rates?
More mortgage rate cuts
ASB and Sovereign have both announced their new two-year fixed interest rates of 3.39%. TSB is also offering the same interest rate, through their 'Price Match Promise'.
Mortgage rate update
Despite the next OCR announcement being a couple of weeks away still, it seems that banks are already starting to lower their mortgage rates in anticipation of a cut.
NZ House prices predicted to grow in 2020
It looks like the real estate industry has experienced its busiest January in over four years, especially in Auckland where there was a 9.7% increase in the number of sales from January 2019.