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Mortgage Rates Daily Commentary
Monday 3 February 2025
Luxon’s Surprise Move: FEC Chair Stuart Smith Sacked In a surprising move, Luxon has removed Stuart Smith as chair of the Finance and Expenditure Committee (FEC) without explanation. [READ MORE]
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 - Back My Build |
4.94 |
- |
- |
- |
AIA - Go Home Loans |
7.49 |
▼5.54 |
▼5.29 |
5.59 |
ANZ |
7.39 |
6.17 |
6.04 |
6.19 |
ANZ Blueprint to Build |
7.39 |
- |
- |
- |
ANZ Good Energy |
- |
- |
- |
1.00 |
ANZ Special |
- |
5.57 |
5.44 |
5.59 |
ASB Bank |
7.39 |
▼5.54 |
▼5.29 |
5.59 |
ASB Better Homes Top Up |
- |
- |
- |
1.00 |
Avanti Finance |
7.90 |
- |
- |
- |
Basecorp Finance |
8.35 |
- |
- |
- |
BNZ - Classic |
- |
5.99 |
5.69 |
5.69 |
Lender |
Flt |
1yr |
2yr |
3yr |
BNZ - Mortgage One |
7.54 |
- |
- |
- |
BNZ - Rapid Repay |
7.54 |
- |
- |
- |
BNZ - Std |
7.44 |
5.55 |
5.29 |
5.59 |
BNZ - TotalMoney |
7.54 |
- |
- |
- |
CFML 321 Loans |
5.80 |
- |
- |
- |
CFML Home Loans |
6.25 |
- |
- |
- |
CFML Prime Loans |
7.85 |
- |
- |
- |
CFML Standard Loans |
8.80 |
- |
- |
- |
China Construction Bank |
- |
7.09 |
6.75 |
6.49 |
China Construction Bank Special |
- |
- |
- |
- |
Co-operative Bank - First Home Special |
- |
5.49 |
- |
- |
Lender |
Flt |
1yr |
2yr |
3yr |
Co-operative Bank - Owner Occ |
6.95 |
5.59 |
5.49 |
5.69 |
Co-operative Bank - Standard |
6.95 |
6.09 |
5.99 |
6.19 |
Credit Union Auckland |
7.70 |
- |
- |
- |
First Credit Union Special |
- |
▼5.79 |
▼5.69 |
- |
First Credit Union Standard |
7.69 |
▼6.49 |
▼6.19 |
- |
Heartland Bank - Online |
6.99 |
5.49 |
5.39 |
5.45 |
Heartland Bank - Reverse Mortgage |
- |
- |
- |
- |
Heretaunga Building Society |
8.15 |
6.50 |
6.30 |
- |
ICBC |
6.95 |
▼5.55 |
5.59 |
5.59 |
Kainga Ora |
7.39 |
5.79 |
5.59 |
5.69 |
Kainga Ora - First Home Buyer Special |
- |
- |
- |
- |
Lender |
Flt |
1yr |
2yr |
3yr |
Kiwibank |
7.25 |
6.45 |
▼6.19 |
▼6.39 |
Kiwibank - Offset |
7.25 |
- |
- |
- |
Kiwibank Special |
7.25 |
5.55 |
▼5.29 |
▼5.59 |
Liberty |
8.59 |
8.69 |
8.79 |
8.94 |
Nelson Building Society |
7.94 |
5.55 |
5.84 |
- |
Pepper Money Advantage |
10.49 |
- |
- |
- |
Pepper Money Easy |
8.69 |
- |
- |
- |
Pepper Money Essential |
8.29 |
- |
- |
- |
SBS Bank |
7.49 |
6.95 |
6.29 |
6.29 |
SBS Bank Special |
- |
5.89 |
5.49 |
5.69 |
SBS Construction lending for FHB |
- |
- |
- |
- |
Lender |
Flt |
1yr |
2yr |
3yr |
SBS FirstHome Combo |
4.94 |
4.89 |
- |
- |
SBS FirstHome Combo |
- |
- |
- |
- |
SBS Unwind reverse equity |
9.39 |
- |
- |
- |
TSB Bank |
8.19 |
6.39 |
6.25 |
6.39 |
TSB Special |
7.39 |
5.59 |
5.45 |
5.59 |
Unity |
7.64 |
▼5.59 |
▼5.49 |
- |
Unity First Home Buyer special |
- |
5.49 |
- |
- |
Wairarapa Building Society |
7.70 |
5.95 |
5.75 |
- |
Westpac |
7.39 |
▼6.14 |
▼5.89 |
▼5.59 |
Westpac Choices Everyday |
7.49 |
- |
- |
- |
Westpac Offset |
7.39 |
- |
- |
- |
Lender |
Flt |
1yr |
2yr |
3yr |
Westpac Special |
- |
▼5.54 |
▼5.29 |
▼4.99 |
Median |
7.49 |
5.69 |
5.69 |
5.59 |
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