About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Tuesday, March 28th, 2:05PM
Mortgage Rates Daily Commentary
Monday 27 March 2017  Add your comment
OCR predictions; Mortgage adviser survey

Some interesting comments from Westpac today. It agrees with the RBNZ that the OCR will remain on hold for a considerable time. "We’ve pencilled in two OCR increases in the first half of 2019, but the way we’d describe this more broadly is that the first rate hike is too far away to be precise about the timing"

MORTGAGE ADVISERS: We are running a survey to gauge what the big issues are for you and your business at the moment. We would love it if you took a moment to complete the survey. By doing so you will get more info about what other advisers are thinking. Also it will help TMM deliver content to help you.

To complete the survey please click on this link.

 

rss
Latest Headlines

WestpacTrust pledges to hold rate

WestpacTrust is guaranteeing to hold its floating mortgage rate at 8.25 per cent until the next OCR review mid March.

Thursday, February 1st 2001, 4:44PM

WestpacTrust is guaranteeing to hold its floating mortgage rate at 8.25 per cent until the next Official Cash Rate review in mid March.

The bank's saying that stable wholesale interest rates, reinforced by today's rate cut by the US Federal Reserve, means it can guarantee its floating rate for this period. It's also lowering some fixed rates and introducing a special nine month rate of 6.99 per cent, which it says is the first time fixed rates have been below seven percent since January 2000.

General Manager NZ Retail Ross Aitken said that most fixed rate home loans were for full year periods, but the bank was expecting fixed rates to bottom out around September.

"The nine month term allows customers to lock in a low interest rate until that time, and then have the flexibility to fix their loan for a long period when rates should be at their lowest, rather than miss out because their fixed rate has another three months to run."

« Rearrangement for REALREAL problems »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.79 4.89 5.29 5.49
ANZ Special - 4.49 4.79 -
ASB Bank 5.80 4.99 5.19 5.49
ASB Bank Special - 4.59 4.79 5.09
BankDirect 5.80 4.99 5.19 5.49
BankDirect Special - 4.59 4.79 5.09
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.59 4.79 5.09
BNZ - Std, FlyBuys 5.90 4.99 5.19 5.49
BNZ - TotalMoney 5.90 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 5.95 4.99 5.25 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heretaunga Building Society ▲5.75 ▲5.00 ▲5.20 -
Housing NZ Corp 5.65 ▲4.89 5.19 5.49
HSBC Premier 5.59 4.19 4.39 4.89
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - - - -
ICBC 5.70 4.59 4.69 5.09
Kiwibank 5.55 4.99 5.19 5.65
Kiwibank - Capped - - - -
Kiwibank - Offset 5.55 - - -
Kiwibank Special - 4.59 4.79 5.25
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
NZ Home Loans 5.80 4.99 5.19 5.49
NZ Home Loans - Specials - - - -
Lender Flt 1yr 2yr 3yr
NZ Home Loans - Specials - 4.59 4.79 5.09
Resimac 5.30 4.86 4.94 5.30
SBS Bank 5.65 4.99 5.19 5.49
SBS Bank Special - 4.59 4.79 5.25
Sovereign 5.90 4.99 5.19 5.49
Sovereign Special - 4.59 4.79 5.09
The Co-operative Bank - Owner Occ 5.65 4.59 4.85 5.25
The Co-operative Bank - Standard 5.65 5.09 5.35 5.75
TSB Bank 5.65 4.80 5.15 5.45
TSB Special - 4.55 4.75 5.15
Wairarapa Building Society 5.70 4.85 4.99 -
Lender Flt 1yr 2yr 3yr
Westpac 5.75 4.99 5.19 5.49
Westpac - Capped rates - 5.15 5.25 -
Westpac - Offset 5.75 - - -
Westpac Special - 4.59 4.79 5.09
Median 5.79 4.88 5.17 5.38

Last updated: 24 March 2017 9:44am

Previous News

MORE NEWS»

News Bites
Compare Mortgage Rates
Compare
From
To
For

To graph multiple lenders, hold down Ctrl key while clicking in list box

Also compare rates to OCR
Find a Mortgage Broker

Add your company

Use map
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com