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Today's Mortgage Rates

Rates keep falling

Monday, August 20th, 6:47AM  Add your comment

The latest Reserve Bank OCR announcement has significantly changed the outlook for interest rates. Last week we saw some big cuts to long term rates, today the action moves to the one-year term.

Kiwibank has rolled out a one-year Special which equals HSBC's market leading rate. Here's the rates table sorted on the one year term.

We have complied this story to help you get a handle on how things have changed. [READ ON]

RBNZ announces OCR decision

Thursday, September 28th, 9:00AM

Acting governor Grant Spencer reveals what was behind the Reserve Bank's decision.

SBS eyes partnership with mortgage advisers

Tuesday, August 1st, 11:19AM

The bank says around a third of its business now comes from advisers and chief executive Shaun Drylie gives his views on commission models.

Changes from last:

Lender type:

Term:

Property value:

Loan amount:

   Reset

Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
ANZ 5.79 4.99 4.79 5.15 4.99 5.35 5.85 5.99 5.90
ANZ Special - - 4.29 - 4.49 4.85 - - -
ASB Bank 5.80 5.25 4.69 4.79 4.89 5.19 5.35 5.99 5.80
ASB Bank Special - 4.95 4.29 4.39 4.49 4.79 4.95 5.59 -
BNZ - Mortgage One 6.50 - - - - - - - 7.15
BNZ - Rapid Repay 5.95 - - - - - - - 6.74
BNZ - Special - - 4.29 - 4.49 4.85 - - -
BNZ - Std, FlyBuys 5.90 5.35 4.89 5.05 5.05 5.49 5.89 6.09 -
BNZ - TotalMoney 5.90 - - - - - - - -
Credit Union Auckland 6.70 - - - - - - - -
Credit Union Baywide 6.15 5.75 5.45 5.55 5.50 - - - -
Credit Union North 6.45 - - - - - - - -
Credit Union South 6.45 - - - - - - - -
Finance Direct - - - - - - - - -
First Credit Union 5.85 - - - - - - - -
Heartland 6.70 6.90 7.00 - 7.25 7.85 - 8.55 6.70
Heartland Bank - Online - - - - - - - - -
Heretaunga Building Society 5.75 - 5.00 - 5.20 - - - -
Housing NZ Corp 5.79 - 4.79 - 5.05 5.29 - 5.69 -
HSBC Premier 5.89 4.85 3.99 3.99 4.19 4.69 4.99 5.29 6.09
HSBC Premier LVR > 80% - - - - - - - - -
HSBC Special - - - - - - - - -
ICBC 5.80 4.99 4.59 5.00 4.69 5.09 5.30 5.85 5.70
5.80 4.99 ▼4.49 - ▼4.79 5.35 5.19 5.39 ▲6.05
Kiwibank - Capped - - - - - - - - -
Mortgage Lender Floating 6 mth 1 year 18 mth 2 years 3 years 4 years 5 years RC
Kiwibank - Offset 5.80 - - - - - - - -
Kiwibank Special - - ▼3.99 - ▼4.29 4.85 5.65 - -
Liberty 5.69 - - - - - - - -
Napier Building Society - - - - - - - - -
Nelson Building Society 6.10 - 5.10 - 5.45 - - - -
Resimac 5.30 - 4.86 - 4.94 5.30 5.50 5.67 -
RESIMAC Special - - - - - - - - -
SBS Bank 5.89 5.25 4.85 5.15 5.05 5.49 5.89 6.09 5.65
SBS Bank Special - 4.99 4.19 4.49 4.49 4.85 5.39 5.55 -
Sovereign 5.90 5.25 4.69 4.79 4.89 5.19 5.35 5.99 6.35
Sovereign Special - 4.95 4.29 4.39 4.49 4.79 4.95 5.59 -
The Co-operative Bank - Owner Occ 5.75 4.80 4.24 4.45 4.49 4.85 5.39 5.55 5.75
The Co-operative Bank - Standard 5.75 5.30 4.74 4.95 4.99 5.35 5.89 6.09 5.75
TSB Bank 5.80 4.99 4.74 ▼4.79 ▼4.79 5.35 5.75 5.99 5.80
TSB Special - 4.85 4.24 ▼4.29 ▼4.29 4.85 5.55 5.69 -
Wairarapa Building Society 5.70 - 4.85 - 4.99 - - - -
Westpac 5.95 5.25 4.99 5.15 5.05 5.44 5.89 ▼5.49 5.95
Westpac - Offset 5.95 - - - - - - - -
Westpac Special - - 4.29 - 4.49 4.85 - ▼4.99 -
Median 5.89 4.99 4.69 4.79 4.89 5.19 5.45 5.69 5.93

Last updated: 20 August 2018 9:07am

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