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 approvals growing but nowhere near boom levels
Mortgage approvals data is showing an increasing number of home loans being approved but nowhere near to the extent implied by credit reporting agency Veda Advantage's latest figures.
Sluggish mortgage growth prompts aggressive loosening of lending standards
Sluggish growth in net mortgage lending appears to be driving some of the major banks to compete by aggressively loosening their credit criteria with ASB Bank leading the charge even as its mortgage book continues to shrink.
Bollard likely to hold interest rates steady
Delays to Canterbury's rebuild, diminishing inflation pressures and the strength of the New Zealand dollar mean Reserve Bank governor Alan Bollard will probably keep interest rates steady this week and for much, if not all, of this year.
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.