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Today's Mortgage Rates

ANZ up first as usual; ASB second

Friday, July 25th, 10:58AM  Add your comment

Following yesterday's OCR announcement ANZ was first out of the blocks to announce a rate increase. ASB and Bank Direct followed soon afterwards. The other non-bank change is increases at Nelson Building Society.

Interest rates could fall during the OCR pause

Friday, July 25th, 11:10AM

Interest rates could fall further than the Reserve Bank is comfortable with after the latest OCR announcement, economists say.

What the Reserve Bank said about interest rates

Thursday, July 24th, 9:02AM

The Reserve Bank has kept its word and increased the official cash rate. It has also indicated there will be a pause in this tightening cycle. Here is what governor Graeme Wheeler said.

Changes from the last:

Lender types:

Term:

Property value:

Loan amount:

Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
AMP Home Loans 6.99 5.89 5.99 - 6.29 6.60 6.99 6.95 6.35
AMP Home Loans $200k+ 6.89 5.79 5.89 - 6.19 6.50 6.89 6.85 6.25
AMP Home Loans LVR <80% - - - - 5.85 6.29 - - -
ANZ ▲6.74 5.95 6.05 6.25 6.49 6.65 6.95 7.15 ▲6.85
ANZ LVR > 90 ▲6.74 6.45 6.55 6.75 6.99 7.15 7.45 7.65 ▲6.85
ANZ Special - - - - 6.09 - - - -
ASB Bank ▲6.75 5.80 6.09 6.30 6.40 6.65 6.80 6.99 ▲6.75
ASB Bank Special - - 5.95 - - - - - -
BankDirect ▲6.75 5.80 6.09 6.30 6.99 6.65 - 6.99 ▲6.75
BankDirect Special - - 5.95 - - - - - -
BNZ - Classic - - - - - 6.25 - - -
BNZ - GlobalPlus 6.49 5.89 5.99 6.25 6.39 6.59 6.79 6.99 -
BNZ - Mortgage One 6.90 - - - - - - - 6.40
BNZ - Rapid Repay 6.49 - - - - - - - 5.99
BNZ - Std, FlyBuys 6.49 5.89 5.99 - 6.39 6.59 6.79 6.99 -
BNZ - TotalMoney 6.49 - - - - - - - -
Credit Union Auckland 6.70 - - - - - - - -
Credit Union Baywide 6.10 5.70 5.90 - 6.50 - - - -
Credit Union North 6.45 - - - - - - - -
Credit Union South 5.75 - - - - - - - -
6.04 6.55 6.15 - 6.69 7.19 7.65 7.90 6.09
Finance Direct 6.10 6.25 6.45 6.60 6.69 7.10 7.45 7.70 -
First Credit Union 6.45 - - - - - - - -
General Finance 5.95 6.55 6.25 - 6.50 7.10 7.65 7.90 6.09
HBS Bank 6.15 5.80 5.85 5.99 6.20 6.25 - 6.79 5.90
Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
HBS Special - - - - - 5.95 - - -
Heartland 6.45 6.65 6.75 - 7.00 7.60 - 8.30 6.45
Heretaunga Building Society 6.25 - 5.85 - 6.50 - - - -
Housing NZ Corp 6.50 - 6.00 - 6.30 6.60 - 7.00 -
HSBC Premier 6.59 5.65 5.95 - 5.99 6.25 6.89 6.99 6.80
HSBC Premier LVR > 80% - - - - - - - - -
HSBC Special - - 5.85 - 5.85 5.85 - - -
6.40 5.89 5.99 - 6.29 6.29 6.80 6.95 6.40
Kiwibank - Capped 5.65 - 6.50 - - - - - -
Kiwibank - Offset 6.30 - - - - - - - -
Kiwibank LVR > 80% - - - - 5.85 6.29 - - -
Liberty 5.64 - - - - - - - -
Napier Building Society 5.80 - 6.00 - 6.70 - - - 5.85
Nelson Building Society ▲6.95 - ▲6.15 - 6.60 - - - -
NZ Home Loans 6.35 5.89 6.09 - 6.40 6.65 6.80 6.99 -
Perpetual Trust 7.70 - - - - - - - 5.70
RESIMAC - lo doc 7.34 - 7.06 - 7.38 7.82 8.22 8.36 -
RESIMAC LVR < 80% 6.34 - 6.06 - 6.38 6.82 7.22 7.36 -
RESIMAC LVR < 85% 7.34 - 7.06 - 7.38 7.82 8.22 8.36 -
RESIMAC LVR < 90% 8.34 - 8.06 - 8.38 8.82 9.22 9.36 -
SBS Bank 6.15 5.80 5.85 5.99 6.20 6.25 - 6.79 6.15
SBS Bank Special - - - - - 5.95 - - -
Silver Fern 5.95 6.00 6.10 - 6.55 7.05 7.50 7.80 6.95
▲6.85 5.80 6.09 6.30 6.40 6.65 6.80 6.99 6.60
Sovereign Special - - 5.95 - - - - - -
Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
The Co-operative Bank 6.45 6.00 6.00 6.00 6.00 6.25 6.75 6.89 6.20
TSB Bank 6.49 5.85 6.00 6.05 6.19 6.60 6.80 7.00 6.29
TSB Special - - - - 5.80 - - - -
Wairarapa Building Society 6.20 - 5.75 - 5.95 - - - -
Westpac 6.24 5.80 6.09 6.30 6.39 6.65 6.79 6.99 6.50
Westpac - Capped rates - - 6.49 - 6.99 - - - -
Westpac - Offset 6.24 - - - - - - - -
Westpac Special - - 5.95 - - - - - -
Median 6.45 5.89 6.00 6.28 6.39 6.60 6.92 6.99 6.38

Last updated: 25 July 2014 10:55am

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