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Results: Credit Policy

Man silhoutted against a sunset over the ocean
16 October 2025

Rates nearing the bottom—is now the time to think about fixing longer-term?

We're either at—or very near—the bottom of the interest rate cycle. And now that we're starting to longer-term rates out there bel...

Woman pouring a glass of water from a jug with a whole lemon and lemon slices sitting on the bench
01 October 2025

Next OCR verdict expected to tip one-year rates to down around 4.50%

Next week's OCR announcement is expected to bring either a 0.25% or 0.50% reduction—which should be enough to get the one-year rat...

Person holding a sparkler with a backdrop of a dark night sky
25 September 2025

Interest rates set to drop as GDP result sparks calls for 0.5% OCR cut

Our latest GDP numbers caught everyone off-guard. And with some now calling for a 0.5% OCR cut on 8 October, interest rates are ex...

24 March 2020

More rate cuts - an update

Westpac and BNZ have joined the rate war this week, dropping their one-year term to 3.09%. This seems to be the new norm.

Male in corporate attire, holding pen and pointing at graph on table in an office
05 March 2020

FOMO in Auckland’s property market is real

The Auckland housing market seems to be waking from its slumber and it seems that buyers are eager to get in on the action as quickly as possible.

Crowd of people crossing street in a hurry
04 March 2020

How parents can help their children buy a home

Many first-home buyers receive help from their parents to purchase their first property and there are a few ways this can be done. Here's how, and what the pros and cons are.

Standalone house on flat landscaped section in New Zealand
17 February 2020

Debt and borrowing power: Key things to know

Does existing debt affect borrowing power? The short answer is yes, typically. The long answer is it can depend on the type of debt, as well as the size of your deposit.

Hand holding credit card, in front of laptop

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.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

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.

J

Jo

New Zealand

five star revews

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.

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