One tiny increase signs of more to come

Mortgage Rates

The only rate change to report is that Kiwibank has altered the limit on its one year capped variable rate. This has increased by 25 basis points to 6.50%. The change gives an indication that banks are now thinking about increases in the months ahead.

Meanwhile we have wrapped up what economists think of yesterday's OCR announcement. You can read what they are thinking at www.landlords.co.nz

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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