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.
Reserve Bank increases OCR to 6.75%
The Reserve Bank has increased the Official Cash Rate (OCR) by 25 basis points to 6.75%
Chances of rate rise increasing
Economists are divided as to whether the Reserve Bank will raise interest rates on Thursday with a narrow majority expecting no change.
Not all lenders are playing the price war game
Two broad trends emerged in the home loan market last week. The larger lenders, and those associated with banks, dropped their short-term rates, while a number of non-bank lenders increased their fixed rates.
New owner gives Wizard better fixed rates
A major benefit to Wizard Home Loans from its new owner, GE Money, is that it can now offer far more competitive fixed interest rates.
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.
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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.