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.
Unemployment figures point to a June OCR hike
Weak domestic economic data has reduced some of the urgency for the Reserve Bank to unwind stimulus and this has led to a change of mind for many economists picking when the official cash rate (OCR) will rise, with June now the predominant view.
Kiwibank blazing the trail for floating rates
Kiwibank is the first bank to change its floating mortgage rate this year, cutting it by 14 basis points to 5.65% which is the second lowest floating rate behind BNZ's TotalMoney product offered at 5.59%.
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.