The big one goes

Mortgage Rates

New Zealand's biggest home loan lender, ANZ, has pulled the trigger and increased its rates across the card, with the exception of its six month rate.

The floating rate has increased 10 basis points and increases to its fixed card range from 6 points for the 18-month rate, and 25 basis points for longer term rates including its four and five year terms.

Its 5.25% rate for two years is pretty much the standard for the banks now, and the top rate, although a couple of ANZ's competitors are sitting at 5.19%. To see how they compare click here

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.

Get a free mortgage review

All fields are required