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Today's Mortgage Rates

Unusual week

Friday, July 22nd, 10:29AM  Add your comment

While there have been no rate changes this week (so far) there has been plenty of other news, especially around changing LVRs for property investors. The next OCR announcement is not until August 11, however, yesterday the Reserve Bank took the unusual step of having a mini market update. It looks like another OCR cut is coming. [READ ON]

Banks care more about income than equity

Sunday, July 24th, 9:53AM

Homeowners who want to tap into their increased equity in their homes are being warned they may be disappointed, unless they have had an income boost, too.

Reserve Bank signals more OCR cuts

Thursday, July 21st, 10:14AM

The Reserve Bank says more official cash rate cuts are likely as it fights to get inflation into its target range.

Changes from last:

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Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
ANZ 5.64 4.99 4.75 4.89 4.85 4.99 5.20 5.30 5.75
ANZ Special - - 4.25 - 4.35 - - - -
ASB Bank 5.65 5.09 4.69 4.79 4.75 4.89 5.09 5.29 5.65
ASB Bank Special - 4.75 4.25 4.25 4.29 4.34 4.59 4.79 -
BankDirect 5.65 5.09 4.69 4.79 4.75 4.89 - 5.29 5.65
BankDirect Special - 4.75 4.25 4.25 4.29 4.34 - 4.79 -
BNZ - Mortgage One 6.30 - - - - - - - 7.15
BNZ - Rapid Repay 5.75 - - - - - - - 6.74
BNZ - Special - - 4.25 - 4.19 4.49 - - -
BNZ - Std, FlyBuys 5.69 4.99 4.85 4.99 4.89 4.99 4.99 5.15 -
BNZ - TotalMoney 5.69 - - - - - - - -
Credit Union Auckland 6.70 - - - - - - - -
Credit Union Baywide 5.95 5.55 4.99 4.99 4.99 - - - -
Credit Union North 6.45 - - - - - - - -
Credit Union South 6.45 - - - - - - - -
Finance Direct 6.10 6.25 6.45 6.60 6.69 7.10 7.45 7.70 -
First Credit Union 5.85 - - - - - - - -
Heartland 6.70 6.90 7.00 - 7.25 7.85 - 8.55 6.70
Heretaunga Building Society 5.60 - 4.85 - 4.90 - - - -
Housing NZ Corp 5.55 - 4.69 - 4.75 4.89 - 5.15 -
HSBC Premier 5.75 4.85 4.19 4.19 4.19 4.49 4.79 4.99 5.89
HSBC Premier LVR > 80% - - - - - - - - -
HSBC Special - - - - - - - - -
ICBC 5.60 4.39 4.39 4.69 4.69 4.99 5.35 5.45 -
5.45 4.75 4.70 - 4.75 4.49 4.90 4.99 5.50
Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
Kiwibank - Capped - - - - - - - - -
Kiwibank - Offset 5.50 - - - - - - - -
Kiwibank Special - - 4.19 - 4.29 - - 5.35 -
Liberty - - - - - - - - -
Napier Building Society 6.50 - 5.80 - 6.70 - - - 5.85
Nelson Building Society 6.10 - 4.85 - 4.99 - - - -
NZ Home Loans 5.85 4.75 4.69 - 4.75 4.49 5.25 5.35 -
NZ Home Loans - Specials - - - - - - - - -
NZ Home Loans - Specials - - 4.19 - 4.29 4.34 4.59 4.79 -
Perpetual Trust 7.70 - - - - - - - 5.70
Resimac 5.34 - 4.95 - 4.99 5.05 5.16 5.27 -
SBS Bank 5.69 4.99 4.75 4.89 4.89 4.99 5.10 5.19 5.59
SBS Bank Special - 4.50 4.25 4.15 4.15 4.55 4.90 4.99 -
5.65 5.09 4.69 4.79 4.75 4.89 5.09 5.29 6.35
Sovereign Special - 4.75 4.25 4.25 4.29 4.34 4.59 4.79 -
The Co-operative Bank 5.45 4.50 4.25 4.29 4.29 4.49 4.89 4.99 5.45
TSB Bank 5.54 4.99 4.75 4.75 4.75 4.99 5.19 5.19 5.54
TSB Special - 4.75 4.25 4.35 4.19 4.59 4.89 4.99 -
Wairarapa Building Society 6.20 - 5.75 - 5.95 - - - -
Westpac 5.75 5.15 4.79 4.95 4.85 4.99 5.09 5.19 5.75
Westpac - Capped rates - - 5.15 - 5.25 - - - -
Westpac - Offset 5.75 - - - - - - - -
Westpac Special - - 4.25 - 4.29 4.49 - 4.89 -
Median 5.75 4.99 4.69 4.77 4.75 4.89 5.09 5.19 5.75

Last updated: 10 July 2016 11:42am

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