Results: Mortgage Rates

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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 appr...

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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. AN...

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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 ...

08 May 2020

Big banks join the rate war, dropping below 3%

As expected, the big banks are starting to drop their rates further to reach below 3%, and today ASB announced its two-year fixed rate of 2.99% while Kiwibank introduced a one-year fixed rate of 2.99%.

05 May 2020

The 1-year fixed rate reaches a new low

China Construction Bank has positioned themselves as the bank with the lowest 1-year fixed rate, with a cut down to 2.80%. They're now ahead of HSBC (2.95%) and Heartland Bank (2.89%). Will the big five be able to match it?

07 April 2020

Lockdown week two: market update

We’re two weeks into New Zealand’s level four lockdown and we haven't seen any further movement on mortgage rates. It seems that 3.05% and 3.09% for one-year fixed is now the norm.

01 April 2020

Covid-19: Mortgage rates and housing market forecast

There are a lot of what if’s at the moment. While there’s no crystal ball to consult, here’s our take based on what we’re seeing.