Finally, mortgage rate moves

Mortgage Rates

It's been a long time between drinks, but we have finally seen some rate changes. Kiwibank and SBS have hiked their floating rates. Kiwibank's change brings it into line the othe big banks, while SBS is slightly more expensive.

Meanwhile, TSB has increased its two-year special increase to 4.79%, reduced its three-year Special to 4.99%.

The changes make it pretty competitive in the three-year term. See how they rank here where the rates table is sorted lowest to highest on this term.

It has also hiked its 10-year carded rate from 5.99% to 6.20%.

Keen for the best rate and some cash 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.

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R

Ryan

New Zealand

five star revews

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.

J

Jo

New Zealand

five star revews

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.

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