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Housing market set to become frothy

Thursday, August 2nd 2012, 8:00AM

We have changes to rates today from SBS and its subsidary HBS. The really interesting story today is from Westpac which says that if the OCR stays unchanged until the middle of next year, as economists predict, then the housing market will get "positively frothy".

 

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AMP Home Loans 6.24 5.25 4.99 5.65
AMP Home Loans $200k+ 6.14 5.15 4.89 5.55
ANZ 5.74 ▼4.95 5.45 5.80
ASB Bank 5.75 5.19 5.45 5.75
BankDirect 5.75 5.45 5.45 5.75
BNZ - Classic - 4.95 5.40 -
BNZ - GlobalPlus 5.99 5.25 5.65 5.80
BNZ - Mortgage One 6.40 - - -
BNZ - Rapid Repay 5.99 - - -
BNZ - Std, FlyBuys 5.99 5.25 5.65 5.80
BNZ - TotalMoney 5.74 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.20 - - -
Credit Union Baywide 5.85 5.45 5.45 -
Credit Union North 6.45 - - -
Credit Union South 5.75 - - -
eMortgage 6.04 6.15 6.69 7.19
Fantastic Home Loans 5.74 5.19 5.40 5.75
Fidelity Life 5.70 5.85 6.35 -
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 6.45 - - -
General Finance 5.95 6.25 6.50 7.10
HBS Bank 5.65 4.99 4.99 5.65
Lender Flt 1yr 2yr 3yr
Heartland 5.95 6.25 6.50 7.10
Heretaunga Building Society 5.75 5.25 5.65 -
Housing NZ Corp 5.75 5.25 5.40 5.74
HSBC Premier 5.99 5.05 5.25 5.50
HSBC Premier Special - 4.99 4.99 4.99
Kiwibank 5.65 5.25 4.99 5.65
Kiwibank - Capped 5.65 6.50 - -
Kiwibank - Offset 5.50 - - -
Liberty 5.64 - - -
Napier Building Society 5.80 6.00 6.70 -
Nelson Building Society 6.45 5.95 6.25 -
Lender Flt 1yr 2yr 3yr
NZ Home Loans 5.85 5.25 5.45 5.75
Perpetual Trust 7.70 - - -
RESIMAC - lo doc 6.59 6.35 6.55 6.90
RESIMAC LVR <80% 5.59 5.35 5.55 5.90
SBS Bank 5.65 4.99 4.99 5.65
Silver Fern 5.95 6.10 6.55 7.05
Southern Cross 5.95 6.25 6.50 7.10
Sovereign 5.85 5.19 5.45 5.75
The Co-operative Bank 5.70 4.99 5.35 5.75
The Co-operative Bank Special - - - -
TSB Bank 5.79 5.25 5.30 5.75
Lender Flt 1yr 2yr 3yr
Wairarapa Building Society 6.20 6.70 6.95 -
Westpac 6.24 5.19 5.40 5.90
Westpac - Capped rates - 6.50 - -
Westpac LVR >80% - 5.09 - -
Median 5.85 5.25 5.45 5.75

Last updated: 24 May 2013 1:22pm

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