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Today's Mortgage Rates

One little change

Thursday, June 30th, 10:22AM  Add your comment

The only rate changes today are to Housing Corporation rates. However, ASB's decision earlier this week to increase floating rates has attracted some attention. The bank and its subsidiary Bank Direct hiked their floating rates 10 basis points. Here's how floating rates stack up

Mortgage lending hits record high

Monday, June 27th, 4:42PM

Mortgage lending was up again in May and nearly half of it was in interest only loans, the Reserve Bank’s new, more detailed lending data reveals.

Brexit means August OCR cut likely

Monday, June 27th, 3:15PM

It’s early days yet but economists agree that Brexit has upped the odds for the Reserve Bank to cut the OCR in August.

Changes from last:

Lender type:

Term:

Property value:

Loan amount:

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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 4.19 4.39 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 4.19 4.39 - 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 - - 4.29 - 4.15 - - 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 - ▲4.19 4.39 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 5.59 4.99 4.75 4.89 4.89 4.99 - 5.19 5.59
SBS Bank Special - 4.99 4.10 4.19 4.19 4.65 - 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 4.19 4.39 4.59 4.79 -
The Co-operative Bank 5.45 4.50 4.25 ▲4.25 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: 30 June 2016 10:05am

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