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.
NZ Finance secures funding line
Commonwealth Bank provides NZ Finance with funding line to reduce reliance on debentures.
Tuesday, April 24th 2007, 7:47AM
Commonwealth Bank of Australia have approved a non-conforming mortgage securitisation
warehouse facility to a wholly owned subsidiary of NZ Finance Holding.
"This new facility will assist the diversification of the group's liability funding and reduce the reliance
on traditional debenture investors," NZ Finance says.
"This facility will assist with the continued growth of the group's products and services which it distributes through its growing internal mortgage broking business and external broker channels."
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