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Today's Mortgage Rates

Want to know what it will cost to be licensed? Here's the answer

Friday, December 14th, 9:42AM  Add your comment

The big question advisers are asking is how much it will cost to be licensed under the new regime. TMM can now reveal what advisers are likely to pay. [FIND OUT HERE]

Reserve Bank proposes new capital rules

Friday, December 14th, 3:54PM

The Reserve Bank of New Zealand has proposed that banks should hold between 20% and 60% more capital on their balance sheets, a move likely to increase borrowing rates and put more pressure on major lenders.

Resimac tweaks credit assessments

Friday, December 14th, 12:33PM

Non-bank lender Resimac is set to change the way it handles customer credit assessments, looking at "credit events", rather than individual listings. The move will make it easier for customers with previous credit issues to access financing.

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 5.79 4.99 4.55 4.69 4.79 4.99 5.55 5.69 5.90
ANZ Special - - 4.05 4.19 4.29 4.49 - - -
ASB Bank 5.80 5.25 4.44 4.69 4.69 4.89 5.35 5.49 5.80
ASB Bank Special - 4.95 3.95 4.29 4.29 4.49 4.95 5.09 -
BNZ - Mortgage One 6.50 - - - - - - - 7.15
BNZ - Rapid Repay 5.95 - - - - - - - 6.74
BNZ - Special - - 4.10 - 4.29 4.49 - - -
BNZ - Std, FlyBuys 5.90 4.99 4.69 4.79 4.79 4.99 5.19 5.39 -
BNZ - TotalMoney 5.90 - - - - - - - -
Credit Union Auckland 6.70 - - - - - - - -
Credit Union Baywide 6.15 5.60 5.20 5.30 5.25 - - - -
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 - 4.70 - 4.85 - - - -
Housing NZ Corp 5.80 - 4.69 - 4.79 4.79 - 5.49 -
HSBC Premier 5.89 4.85 3.99 3.99 4.19 4.69 4.99 5.29 6.09
HSBC Premier LVR > 80% - - 3.79 3.85 - - - - -
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 4.55 - 4.69 4.99 4.99 5.09 5.85
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 - - 4.05 - 4.29 4.49 - - -
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 4.49 5.89 6.09 5.65
SBS Bank Special - 4.99 4.19 4.49 3.95 4.49 4.89 4.89 -
Sovereign 5.90 5.25 4.45 4.69 4.69 4.89 5.35 5.49 6.35
Sovereign Special - 4.95 3.95 4.29 4.29 4.49 4.95 5.09 -
The Co-operative Bank - Owner Occ 5.75 4.10 4.10 4.29 4.35 4.49 4.99 5.19 5.75
The Co-operative Bank - Standard 5.75 4.60 4.60 4.79 4.85 4.99 5.49 5.69 5.75
TSB Bank 5.80 5.35 4.45 4.69 4.69 4.99 5.45 5.49 5.80
TSB Special - 4.85 3.95 4.19 4.19 4.49 4.95 4.99 -
Wairarapa Building Society 5.70 - 4.85 - 4.99 - - - -
Westpac 5.95 4.99 4.69 4.79 4.79 5.19 5.29 5.49 5.95
Westpac - Offset 5.95 - - - - - - - -
Westpac Special - - 4.15 - 4.29 4.59 - - -
Median 5.89 4.99 4.50 4.69 4.69 4.79 5.29 5.49 5.88

Last updated: 2 December 2018 8:39pm

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