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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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L’Almont resigns from Mortgage Express after 12 years

Andrew L'Almont has resigned as Mortgage Express chief executive after more than 12 years to pursue a new direction.

Wednesday, February 9th 2011, 10:21AM

Harcourts International managing director Mike Green says L'Almont has been in the financial services industry for more than 30 years and after giving it considerable thought over the holiday period decided he would like to change focus and pursue new opportunities in the future.

L'Almont set up Harcourts Financial Services in Australia (now Mortgage Express Australia) before moving to New Zealand in 2000 to lead Mortgage Express, which in 2006 expanded to include an insurance broking division, Insurance Express.

"The expertise, energy and effort he has put in over many years in a very challenging environment has been outstanding," says Green.

 "He can be proud of the role he has played in the diversification of the Harcourts group that ensures we can now offer our Australasian clients key, relevant value-added-services."

Over the coming weeks L'Almont will be assisting in ensuring the appropriate structure and resources are put in place to continue to drive the growth of Mortgage Express and Insurance Express in New Zealand.

L'Almont says he has had mixed emotions about the change as he has had a great time in the industry.

"I accomplished what I wanted to achieve and the time has come to do something else - I am keeping all of my options open," he says.

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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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