News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Rate Watch: Next round of cuts starting
The next round of home loan rates have started this week, with most banks making, or predicted to make, significant changes.
BNZ share of mortgage market shrinks
Bank of New Zealand’s net profit for the December quarter jumped 52%, partly on foreign exchange and interest rate trading gains, although its mortgage book and its share of the mortgage market shrank.
United Home Loans unable to write new business
United Home Loans is unable to originate new mortgages because it hasn’t been able to find new funders to replace GE Money, its owner, Lombard Group, told the stock exchange late on Monday.
Cheap not always the easy option
Home loan rates are falling sharply as lenders follow the lead set by the Reserve Bank’s reductions in the official cash rate. But cheap does not necessarily mean easy.
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.
Ryan
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.
Jo
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.