| About Us | Advertise | Contact Us | Terms & Conditions | RSS Feeds | Other Sites: landlords.co.nz |
|
Join our newsletter
Mortgage Rates Newsletter |
|
|
Kiwibank cuts. Just BNZ to goThursday, February 2nd, 9:33PM
Kiwibank has joined with most of the other banks and cut some of its fixed rate home loan rates, with decreases in its longer term loans.It is dropping its two, three and five year advertised home loan rates by between 10 and 29. Kiwibank has also ended the "limited time special" four-year rate of 5.99% and increased it 51 basis points to 6.50%. In the past two weeks there have been reductions in fixed term home loan rates. ANZ and National started things off but they have been followed by ASB, SBS, TSB, The Co-operative Bank and Westpac...MORE»
Previous Mortgage News
ASB cuts 1 to 5 year fixed home loan ratesThursday, January 26th, 11:29PM
ASB, Bank Direct and Sovereign have cut their one to five year fixed rate home loan by between 10 and 20 basis points. MORE»Bollard holds OCR steady as US Fed prompts currency jumpThursday, January 26th, 11:23AM
Reserve Bank governor Alan Bollard's well-anticipated decision to hold rates steady was over-shadowed by the US Federal Reserve's statement it intends to keep interest rates at historic lows into 2015, much longer than previously indicated. MORE»What Bollard saidThursday, January 26th, 9:02AM
Kiwibank goes longThursday, January 12th, 7:21PM 6 comments
Kiwibank has started the year by dropping its four year fixed home loan rate 80 basis points taking it to 5.99%. MORE»Westpac and BNZ grow mortgage booksThursday, December 15th, 6:29AM
Westpac and Bank of New Zealand produced buoyant profits and strong mortgage book growth in the September quarter. MORE»Interest rates on hold until at least the second half of 2012Thursday, December 8th, 10:13AM
Retail mortgage and deposit rates are unlikely to change much before the second half of next year at the earliest. MORE»OCR remains the sameThursday, December 8th, 9:06AM 1 comment
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.50% and given no indication of future movements. MORE» |
Latest News
|
Compare Mortgage Rates
Find a Mortgage Broker
Latest Trends
Future interest rate hikes softened
The Reserve Bank has kept the OCR at 2.50% as expected, but had lowered its forecast track for the 90 day bill rate by around 60 basis points (0.6%) to a peak of 4.30% by the end of next year. For borrowers that means floating home loans are not forecast to rise as much as previously forecast. In June the expectation was that the rates would rise 2% in the next 12 months: that figure has now been wound back to 1.4%. MORE » |
Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.
© Copyright 2012 Tarawera Publishing Limited. All Rights Reserved.
