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.

28 November 2008

Short-term borrowing opportunities shrinking

Christmas is coming and mortgage rates are falling. The *Good Returns* mortgage rate table is looking festive as it registers scores of reductions by lenders. Borrowers now need to consider how much lower homeloan rates will go and whether it is time ...

Mortgage Rates
26 November 2008

ANZ and NBNZ make borrowing harder

ANZ and The National Bank have made a range of cut-backs in lending rules including a requirement that new borrowers must finance 20% of their deals from their own resources.

Mortgage Rates
24 November 2008

BNZ takes rate war to six-month term

Competition in the home loan market has shifted back to the fixed rate terms with the Bank of New Zealand making major cuts to its fixed rates.

Mortgage Rates
21 November 2008

Survey shows 100 pt cut highly likely

Reserve Bank governor Alan Bollard is almost universally expected to slash rates again in December by at least the same magnitude as October’s unprecedented cut reflecting the increasingly gloomy global growth outlook and the collapse of inflation ...

Mortgage Rates

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New Zealand

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New Zealand

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