ASB and its related companies, Bank Direct and Sovereign have all increased home loan rates acorss the market. All rates of one year or more have increased with the biggest increases being for shorter term durations. ASB's one year rate is up 20 basis points to 6.15%, its 18 month rate up 40 points and two year rates up 25 points.
NZ Home Loans has increased its rates too.
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.
New Zealand
The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.
New Zealand
Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.