Results: Mortgage advice
With our next OCR cut around the corner, the time to fix is almost here
We're just a week away from our final OCR announcement of the year, which is expected to bring a 0.50% reduction. If you've been h...
A broader look at interest rates, the NZ housing market and economy
Between US politics and NZ's last OCR verdict of the year coming up, November's shaping up to be a big month. Here's a broad look ...
Why you shouldn’t rush to fix (or refix) your mortgage in a falling rate environment
It's not in the bag yet, but most are picking another big OCR reduction in November—so, by opting to float in the short-term, borr...
Mortgage interest rates are set to rise
In New Zealand the current general expectation is that this removal of the sugar bowl will commence in the second half of next year. One or two forecasters are suggesting the first half.
Shifting interest rate risks
Welcome to 2021 and another year when in all probability house prices will continue to rise at a strong pace, with a key driving factor continuing to be record low interest rates.
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 before the other banks follow suit.
Does a mortgage holiday affect your credit score?
During the lockdown, many New Zealanders financially affected by Covid-19 have been taking up the banks' offers of going on a mortgage holiday (also referred to as a repayment deferral).
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.
Ryan
New Zealand
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.
Jo
New Zealand
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.