Mortgage Rates Daily Commentary
Wednesday 14 January 2026
ANZ increases its floating rates
ANZ has increased its floating rates. It says it has been competitive in floating rates, lowering them 2.95% since the OCR began to fall in August 2024. This, it says, is more than any of the other main banks.
"Ahead of the November OCR cut, our floating rate was already below most of the main banks, our new rate remains competitively positioned among the main banks in the market today. We’ll continue to review rates as global and local conditions evolve," it says in a statement.
To see how it stacks up against other lenders check our table here.
In news: Stimulatory mortgage rates positive for economic recovery but risks remain.
Pero ends its brief NZX listing
Mike Pero Mortgage (MPM) is to be delisted from the New Zealand Stock Exchange following the successful takeover of the company.
Tuesday, September 26th 2006, 1:43AM
MPM shares will cease trading at market close on September 26 and cease quotation at close of market on September 29.
Mike Pero Mortgage Holdings, a company jointly owned by Liberty Financial and NZ Finance took full control of the company on September 15 when it become the dominant shareholder with more than 90% of the company.
At that point it has moved to compulsorily acquire all the remaining MPM shares.
Chairman Abigail Foote has resigned from the MPM board from yesterday.
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