Latest news | MortgageRates.co.nz

Results: Fixed rates

01 May 2024

Jobs growth in New Zealand has hit a roadblock

Wholesale interest rates in NZ have increased in recent months, and there has essentially been no jobs growth in New Zealand since...

Child at bottom of staircase
17 April 2024

Inflation's backing down, but it's still got a way to go

If borrowers are hoping that the just-announced fall in the country’s rate of inflation to a four year low of 4.0% from the 2022 p...

03 April 2024

Interest rates expected to slide by the end of the year

The changes that the Reserve Bank will make its first cut to the official cash rate before the end of this year is rising — and he...

16 November 2023

Mortgage rates | no spring specials in sight, what’s in store for summer?

Costs for banks to borrow money have decreased. Added with the higher lending rates they provide, can banks afford to start cutting their own lending rates?

09 August 2023

Interest rates: A puzzle of uncertainty

On August 16, the Reserve Bank will review their 5.5% official cash rate. It's extremely likely that they'll choose to remain at 5.5%, according to Tony Alexander — but what does this really mean for interest rates?

Woman putting a puzzle together
17 July 2023

Reserve Bank puts an end to the OCR hikes – but challenges still lay ahead

The Reserve Bank remains confident there is no need to increase the OCR further — but when will mortgage interest rates begin to fall? New borrowers are still feeling the crunch too, with bank test rates often higher than 9%.

Man standing on the top of rocks
19 May 2023

Will there be a return of the 2.99% five year rate?

Where are fixed mortgage interest rates likely to average over the next 5-10 years, and will there be a return of the 2.99% five year rate?

Little girl looking over a crowd

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.

shopper approved logofive star revews
K

Katie

New Zealand

five star revews

Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.

M

Martin

New Zealand

five star revews

Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.

Get a free mortgage review

All fields are required