Interest rate impact on borrowers' wallets

Mortgage Rates

People looking to switch banks should read this story about a free Do-It-Yourself guide which makes sure direct debt payments move successfully with them.

We look at the Reserve Bank Bulletin which explains yield curves and says substantial differences in interest rates impact materially on borrowers' wallets. We also have a graph in Latest Trends explaining why fixing is not as attractive as it looks.

There have been no mortgage rate changes from lenders for 10 days now.

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.

shopper approved logofive star revews
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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