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.
Mortgage lending grows but other lending grows faster
While mortgage lending grew in 2001 and still dominates New Zealand bank’s loan books, it declined as a proportion of total lending assets, according to KPMG’s latest annual survey of financial institutions.
Question marks over size of rates rise
Just about everybody expects the Reserve Bank to raise interest rates on Wednesday for a third time this year. The only argument is over whether the official cash rate (OCR) will rise from 5.25% to 5.5% or to 5.75%.
LJ Hooker and Dempster part company
The partnership between rebel non-lawyer conveyancer Lester Dempster and Australian-owned real estate firm LJ Hooker has ended over differences over the way the work was handled.
Why are NZ rates higher than those in Australia?
A cursory glance across the Tasman gives the impression that Australian mortgage holders are in much the same boat as their New Zealand counterparts.
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.