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.
Lenders slow to hike rates
Weekly home loan report: Despite the Reserve Bank’s 25-basis-point rate hike on Thursday, lenders have been slow to jump on the bandwagon to push their floating rates higher by the same amount.
Building societies agree to merge
Two Canterbury-based building societies, ABS Canterbury and the SMC Building Society, agreed to terms for a merger.
Reserve Bank increases OCR to 7.25%
The Official Cash Rate (OCR) will increase by 25 basis points to 7.25%.
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.