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Mortgages

Mortgage Rates Daily Commentary
Wednesday 24 July 2024  Add your comment
Non-bank lender secures funding line from Westpac NZ

Pallas Capital has secured the first structured finance facility of its kind from a main New Zealand bank. [READ ON]

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New guidance for client money and property services brokers

The FMA has published guidance on how client money or property services brokers and custodians can meet their obligations under the Financial Markets Conduct Act (FMC Act).

Thursday, July 25th, 12:52PM

It replaces the FMA’s 2014 guidance note to align with the new regulatory regime.

The FMA found issues with the previous guidance through monitoring visits and misconduct cases and finalised the new note following consultation with providers and custodians.

A ‘provider’ under the FMC Act is a financial service provider who holds, transfers, or deals with client...MORE»

Non-bank lender secures funding line from Westpac

Wednesday, July 24th, 1:22PM

Pallas Capital has secured the first structured finance facility of its kind from a main New Zealand bank.

MORE»

Deloitte: shared equity schemes could arrest declining home ownership

Tuesday, July 23rd, 2:22PM

Shared home equity schemes including leasehold and rent-to-own options, as well as third-party contributions towards a deposit, could help arrest the long-term decline in home ownership in New Zealand, according to a report by Deloitte commissioned by Westpac.

MORE»

 

Previous News

Predictions for OCR cut next month

Monday, July 22nd, 9:14AM

An OCR cut could come as early as next month, the ASB says.

MORE»

Financial Services Federation targets mortgage advisers as affiliate members

Friday, July 19th, 9:07AM

The Financial Services Federation, which mostly represents non-bank financiers, has started signing up mortgage advisers as affiliate members.

MORE»

Understanding of financial fairness measured

Thursday, July 18th, 9:23AM

What constitutes fairness in financial services is generally something people agree on.

MORE»

Misconception about banks willingness to lend wrong

Wednesday, July 17th, 9:23AM

The impression banks are being tough on mortgage lending and have not loosened their criteria is a misconception, says mortgage adviser Kris Pedersen.

MORE»

Distance between inflation and RBNZ’s target narrows

Monday, July 15th, 10:25AM

All eyes this week will be on the Consumer Price Index data in the wake of the Reserve Bank’s slight change in mood on when interest rates will come down.

MORE»

MORE NEWS»

Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 ▼6.85 ▼6.49 ▼6.35
ANZ 8.64 7.45 7.09 6.95
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 6.85 6.49 6.35
ASB Bank 8.64 ▼6.85 ▼6.49 ▼6.35
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 6.85 6.49 6.39
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.45 7.09 6.99
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 6.59 - -
Co-operative Bank - Owner Occ 8.40 6.79 6.49 6.35
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.29 6.99 6.85
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
Heartland Bank - Online 7.99 6.69 6.35 6.15
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 ▼7.50 ▼7.25 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 6.69 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.74 7.35 6.99
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 7.75 7.39 7.19
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 6.85 6.49 6.39
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 ▼7.25 ▼6.90 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 8.74 ▼7.49 7.09 6.95
Lender Flt 1yr 2yr 3yr
SBS Bank Special - ▼6.89 6.49 6.35
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 ▼5.89 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 ▼7.65 ▼7.29 ▼7.19
TSB Special 8.64 ▼6.85 ▼6.49 ▼6.39
Unity 8.64 ▼6.85 ▼6.49 -
Unity First Home Buyer special - ▼6.45 - -
Wairarapa Building Society 8.60 6.95 6.85 -
Lender Flt 1yr 2yr 3yr
Westpac 8.64 ▼7.45 ▼7.09 ▼6.89
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - ▼6.85 ▼6.49 ▼6.29
Median 8.64 7.00 6.85 6.39

Last updated: 26 July 2024 9:14am

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