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Mortgages

Mortgage Rates Daily Commentary
Wednesday 1 April 2026  Add your comment
Big newsletter today: Top mortgage advisers; BNZ's new switching play; KAN dobs in adviser to FMA

With so much going on this is a much bigger newsletter than usual.

First up a big congrats to Josh Bronkhorst for being recognised by FANZ for his long involvement with financial advisers and helping to grow professionalism in the industry.

Also a shoutout to NZFSG/Loan Market for their work in community support.

You can read more about their awards and others who were recognised at last week's FANZ conference here.

BNZ has started a new game to win mortgage switches. We'd love to know you thoughts on this.

Read the story here.

Send us an email here.

The FMA has cancelled the FAP Licence of a mortgage adviser after being dobbed in by KAN. See what he did here.

 

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Latest Headlines

Top broker named

The New Zealand Mortgage Brokers Association named its top brokers for 2007 at its annual conference in Rotorua on the weekend.

Tuesday, September 11th 2007, 5:24AM
The winner of the NZMBA Broker of the Year 2007 was Suzie Oliver (pictured) of MONEYTREE brokers. NZMBA chief executive Megan Salt said that the judges were very impressed with Suzie's all round professional abilities, relationship skills and industry knowledge.

"It was clear from the high standard of material submitted that Suzie and her partner in MONEYTREE brokers, Michelle Brebner, had spent considerable time and effort on streamlining and perfecting their firm's processes and client relationship management systems."

The NZMBA Broker of the Year rewards excellence, quality, client care, innovation and leadership in the industry across the different sectors. Some 30 finalists are chosen from more than 1000 NZMBA members.

Brokers have to be nominated by lenders who are asked to nominate and score the two top brokers in nine regions and the specialist lender broker of the year category. The scoring was completed by lenders against a range of criteria Finalists were asked to present their client relationship management processes, with examples, including how clients are sourced, their needs assessed, marketing, and retention process.

As well finalists were asked to support three drawn down home loan applications from the July period.

The NZMBA reviewed their loan application process to ensure quality professional advice was provided and that NZMBA standards as promoted by the association's "Credible Application" course were met.

Other winners on the night included:

  • First Runner-up Paul Fuller
  • Second Runner-up Lyn Houghton

The Regional Winners were:

  • North Auckland (North Harbour) : Suzie Oliver
  • Mid Central Auckland : Sue Tierney
  • Greater Auckland : Bruce Patten
  • Waikato/BOP: Lynn Houghton
  • Central North Island : Craig Seton
  • Greater Wellington : Finlay Abbot
  • Nelson /Marlborough : Paul Fuller
  • Canterbury: Niki Olds
  • Otago/Southland: Glenda French
  • Specialist Lender Broker Colleen Dennehy
« Central bank unlikely to raise rates this weekThe Official Cash Rate remains unchanged at 8.25% »

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 3.34 - - -
AIA - Go Home Loans 5.89 4.59 5.09 5.39
ANZ 5.79 5.19 5.69 5.99
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.59 5.09 5.39
ASB Bank 5.79 4.59 5.09 5.39
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.35 - - -
Avanti Finance - Specialised ▼7.45 - - -
Basecorp Finance 6.35 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 4.59 4.89 5.29
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans 3.95 - - -
CFML Home Loans 6.05 - - -
CFML Prime Loans 6.25 - - -
CFML Standard Loans 6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Co-operative Bank - First Home Special - 4.49 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 4.99 4.59 5.15 5.39
Co-operative Bank - Standard 4.99 5.09 5.65 5.89
Credit Union Auckland 7.70 - - -
First Credit Union Special - ▲4.89 ▲5.49 -
First Credit Union Standard 6.49 ▼5.29 ▲5.89 -
Heartland Bank - Online 5.30 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 6.50 5.50 5.65 -
ICBC 5.39 4.49 4.89 5.15
Kainga Ora 5.79 4.59 4.95 5.19
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 5.75 5.49 5.79 6.15
Kiwibank - Offset 5.65 - - -
Kiwibank Special 6.15 4.59 4.89 5.35
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.49 ▲4.69 ▲5.09 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 5.84 5.09 5.49 5.75
SBS Bank Special - 4.49 4.89 5.15
SBS Construction lending for FHB 3.74 - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 3.29 3.99 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 6.59 ▲5.29 ▲5.89 6.09
TSB Special 5.79 ▲4.49 ▲5.09 5.29
Unity First Home Buyer special - 3.95 - -
Unity Special 5.79 4.49 4.89 -
Unity Standard 5.79 5.29 5.69 -
Wairarapa Building Society 6.15 4.79 5.19 -
Westpac 5.89 5.19 5.79 5.89
Westpac Choices Everyday 5.99 - - -
Lender Flt 1yr 2yr 3yr
Westpac Offset 5.89 - - -
Westpac Special - 4.59 5.19 5.29
Median 5.94 4.69 5.19 5.39

Last updated: 30 March 2026 8:25am

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