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Mortgage Rates Daily Commentary
Friday 23 July 2021
Valuation profession adapts Amid unprecedented challenges, the valuation industry has been forced to adapt its traditional operating model and take on some new ideas: [READ ON]
Comparing selected banks
Following a week of rate changes we have pulled together a graph comparing pricing strategies.
Friday, March 18th 2016, 10:04AM 
Here we have compared just five lenders who have taken different strategies to pricing their home loans. Also note this is just for standard rates. There are a range of Specials in the market too.
- HSBC - clearly it commands a market leading position in fixed rates, especially when its Specials are considered. However it is the only bank not to move its floating rate.
- Pricing remains in a tight band up to two years, but for longer terms there is greater divergence in pricing.
- SBS - While it often is a market leader, it's current pricing is a tad ordinary.
- ASB - Sharp on the one-year term but starts to look pricey further out the curve.
- BNZ - Continues to be reasonably aggressive compared to its big bank peers.
- Kiwibank - Sharp as usual except for standard two-year rates.
Tags: Mortgage Rates
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Mortgage Rates Table
Full Rates Table | Compare Rates
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| AIA |
4.55 |
2.55 |
2.95 |
3.29 |
| ANZ |
4.44 |
3.10 |
3.50 |
3.84 |
| ANZ Blueprint to Build |
1.68 |
- |
- |
- |
| ANZ Special |
- |
2.50 |
2.90 |
3.24 |
| ASB Back My Build |
1.79 |
- |
- |
- |
| ASB Bank |
4.45 |
2.55 |
2.95 |
3.29 |
| Basecorp Finance |
5.49 |
- |
- |
- |
| Bluestone |
3.49 |
3.34 |
2.99 |
3.34 |
| BNZ - Classic |
- |
2.55 |
2.95 |
3.25 |
| BNZ - Mortgage One |
5.15 |
- |
- |
- |
| BNZ - Rapid Repay |
4.60 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| BNZ - Std, FlyBuys |
4.55 |
3.15 |
3.22 |
3.85 |
| BNZ - TotalMoney |
4.55 |
- |
- |
- |
| CFML Loans |
4.95 |
- |
- |
- |
| China Construction Bank |
4.49 |
4.70 |
4.80 |
4.95 |
| China Construction Bank Special |
- |
2.65 |
2.65 |
2.80 |
| Credit Union Auckland |
5.95 |
- |
- |
- |
| Credit Union Baywide |
5.65 |
3.95 |
3.85 |
- |
| Credit Union South |
5.65 |
3.95 |
3.85 |
- |
| First Credit Union Special |
5.85 |
2.95 |
3.45 |
- |
| Heartland Bank - Online |
1.95 |
1.85 |
2.35 |
2.45 |
| Heretaunga Building Society |
4.99 |
3.80 |
3.90 |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| HSBC Premier |
4.49 |
2.19 |
2.45 |
2.69 |
| HSBC Premier LVR > 80% |
- |
- |
- |
- |
| HSBC Special |
- |
2.25 |
- |
- |
| ICBC |
3.69 |
2.15 |
2.35 |
2.75 |
| Kainga Ora |
4.43 |
2.67 |
2.97 |
3.13 |
| Kainga Ora - First Home Buyer Special |
- |
2.25 |
- |
- |
| Kiwibank |
3.75 |
3.34 |
3.34 |
4.14 |
| Kiwibank - Offset |
3.75 |
- |
- |
- |
| Kiwibank Special |
3.75 |
2.49 |
2.49 |
3.29 |
| Liberty |
5.69 |
- |
- |
- |
| Nelson Building Society |
4.95 |
2.99 |
3.24 |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Pepper Essential |
4.79 |
- |
- |
- |
| Resimac |
3.39 |
2.98 |
2.79 |
3.29 |
| SBS Bank |
4.54 |
2.69 |
2.99 |
3.29 |
| SBS Bank Special |
- |
2.19 |
2.49 |
2.79 |
| Select Home Loans |
3.49 |
3.34 |
2.99 |
3.34 |
| The Co-operative Bank - First Home Special |
- |
▲2.29 |
- |
- |
| The Co-operative Bank - Owner Occ |
4.40 |
▲2.49 |
▲2.89 |
▲3.19 |
| The Co-operative Bank - Standard |
4.40 |
▲2.99 |
▲3.39 |
▲3.69 |
| TSB Bank |
5.34 |
▲3.30 |
▲3.69 |
▲4.04 |
| TSB Special |
4.54 |
▲2.50 |
▲2.89 |
▲3.24 |
| Wairarapa Building Society |
4.99 |
3.55 |
3.49 |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Westpac |
4.59 |
3.15 |
3.49 |
3.89 |
| Westpac - Offset |
4.59 |
- |
- |
- |
| Westpac Special |
- |
2.55 |
2.89 |
3.29 |
| Median |
4.54 |
2.68 |
2.99 |
3.29 |
Last updated: 19 July 2021 9:09am Previous News
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