In the past week we have seen longer term home loan rates rise significantly. We have a table showing you who increased what rates and by how much here. This graph shows that previously five year home loan rates and the OCR cash rate were closely correlated. Early this year the relationship between the two came undone and now there is a huge gap between the OCR and the five year fixed rate.
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.