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Mortgage Rates Daily Commentary
Thursday 9 July 2026
Floating rates rising post OCR increase; What the changing housing market means for prices Following yesterday's OCR increase rate rises are trickling through for floating and revolving credit products. So far ASB, BNZ, Kiwibank and Westpac have announced increases.
Check out the changes here.
The question of whether the New Zealand economy can grow much without a recovery in the housing market remains a live issue. Here's what we learnt yesterday.
RESIMAC takes full control of home loan book
Thursday, November 28th 2013, 7:13AM
RESIMAC today announced the successful purchase of the remaining 20% stake in RESIMAC Home Loans, held by the NZF Group. This purchase will see parent company, RESIMAC Limited, take 100% ownership of RESIMAC Home Loans.
In 2011 RESIMAC Limited, the Australian based non-bank lender, acquired an 80% shareholding in the NZF Group’s home loan business in order to expand its operations into New Zealand.
“This is an exciting step forward for RESIMAC Home Loans. We have continued to expand our New Zealand operations and this latest announcement shows we are committed to investing in the New Zealand market for the long term” Said Adrienne Church, General Manager Mortgages
of RESIMAC Home Loans.
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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 |
4.65 |
5.25 |
5.29 |
| ANZ |
5.79 |
5.25 |
5.89 |
6.09 |
| ANZ Blueprint to Build |
7.39 |
- |
- |
- |
| ANZ Good Energy |
- |
- |
- |
1.00 |
| ANZ Special |
- |
4.65 |
5.29 |
5.49 |
| ASB Bank |
▲6.04 |
4.65 |
5.25 |
5.29 |
| 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 |
▲6.19 |
- |
- |
- |
| BNZ - Rapid Repay |
▲6.19 |
- |
- |
- |
| BNZ - Std |
▲6.09 |
4.79 |
5.29 |
5.29 |
| BNZ - TotalMoney |
▲6.19 |
- |
- |
- |
| CFML 321 Loans |
▲4.20 |
- |
- |
- |
| CFML Home Loans |
▲6.30 |
- |
- |
- |
| CFML Prime Loans |
▲6.45 |
- |
- |
- |
| CFML Standard Loans |
▲7.20 |
- |
- |
- |
| 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 |
- |
4.59 |
5.19 |
5.39 |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Co-operative Bank - Owner Occ |
4.99 |
4.69 |
5.29 |
5.49 |
| Co-operative Bank - Standard |
4.99 |
5.19 |
5.79 |
5.99 |
| Credit Union Auckland |
7.70 |
- |
- |
- |
| First Credit Union Special |
- |
5.09 |
5.49 |
- |
| First Credit Union Standard |
6.49 |
5.69 |
6.09 |
- |
| Heartland Bank - Online |
5.80 |
5.89 |
- |
- |
| Heartland Bank - Reverse Mortgage |
7.99 |
- |
- |
- |
| Heretaunga Building Society |
6.50 |
5.50 |
5.65 |
- |
| ICBC |
5.39 |
4.49 |
4.99 |
5.25 |
| Kainga Ora |
5.79 |
4.59 |
4.95 |
5.19 |
| Kainga Ora - First Home Buyer Special |
- |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Kiwibank |
▲6.00 |
5.65 |
6.09 |
6.19 |
| Kiwibank - Offset |
▲6.00 |
- |
- |
- |
| Kiwibank Special |
5.75 |
4.75 |
5.19 |
5.39 |
| 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 |
5.29 |
5.89 |
5.89 |
| SBS Bank Special |
- |
4.69 |
5.29 |
5.29 |
| SBS Construction lending for FHB |
3.74 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| SBS FirstHome Combo |
3.29 |
4.19 |
- |
- |
| SBS FirstHome Combo |
- |
- |
- |
- |
| SBS Unwind reverse equity |
7.99 |
- |
- |
- |
| TSB Bank |
6.59 |
5.49 |
6.05 |
6.29 |
| TSB Special |
5.79 |
4.69 |
5.25 |
5.49 |
| Unity First Home Buyer special |
- |
4.09 |
- |
- |
| Unity Special |
5.79 |
4.80 |
5.49 |
- |
| Unity Standard |
5.79 |
5.60 |
6.29 |
- |
| Wairarapa Building Society |
6.15 |
4.95 |
5.45 |
- |
| Westpac |
▲6.14 |
5.39 |
5.79 |
5.89 |
| Westpac Choices Everyday |
▲6.24 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Westpac Offset |
▲6.14 |
- |
- |
- |
| Westpac Special |
- |
4.79 |
5.19 |
5.29 |
| Median |
6.15 |
4.80 |
5.37 |
5.39 |
Last updated: 9 July 2026 10:11am Previous News
-
Thursday, September 28th, 9:00AM
RBNZ announces OCR decision
-
Tuesday, August 1st, 11:19AM
SBS eyes partnership with mortgage advisers
-
Thursday, June 22nd, 9:00AM
OCR held again - here's what RBNZ had to say
-
Thursday, May 11th, 10:26AM
Surprise at RBNZ’s OCR outlook
-
Thursday, May 11th, 9:00AM
No change to OCR: What RB said today
-
Monday, May 8th, 6:00AM
Focus on tone, not content, of OCR call this week
-
Tuesday, May 2nd, 11:10AM
ANZ half-year profit jumps
-
Monday, April 24th, 10:23AM
Local flavour makes for bank winners
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