Article tagged with 'fixed rate mortgages'
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Longer term mortgages edging up
06 Jun 2025 - The move to longer term fixed mortgages is gathering speed although a substantial share is still on floating or short-term rates as the RBNZ has indicated two more possible OCR cuts to 2.75%.
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Short term mortgage fix still an appealing decision
30 May 2025 - Fixing mortgages for six months is still an attractive option compared to floating rates for borrowers, ANZ says in its latest Property Focus.
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Longer term fixed interest rates slowly bite into floating terms
08 Apr 2025 - Two-year fixed mortgage rates are starting to slowly eat into the share of total lending by banks.
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Short-term mortgage rates now a waste of time
27 Feb 2025 - There is no great benefit in sticking to floating, six- or 12-month rates for mortgage holders anymore.
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Borrowers switch from floating to fixed rates at brisk clip
11 Feb 2025 - A month is a long time in the home loan world. Between November and December last year new mortgage lending switched swiftly from floating to six-month terms by borrowers taking out new loans.
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The squeeze is set to ease
29 Jan 2025 - Borrowers will save on average between $300 and $460 a month on their mortgage repayments when the OCR drops to 3.25% by the middle of the year.
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Warning about fixing short term from top economist
23 Jan 2025 - The country’s outstanding mortgage book is the shortest it has been in 13 years.
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Are Short-Term Mortgage Rates Really Worth the Risk?
21 Jan 2025 - Chasing short-term mortgage rates might seem like a smart move, but is it really saving you money? Mortgage broker Campbell Hastie breaks down why these rates can be tempting - but are they actually worth the gamble? [READ MORE]
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Jumping off the short-term interest rate bandwagon
21 Jan 2025 - While borrowers have flocked to floating to one year fixed term home loan rates over the past year in anticipation of interest rate cuts one mortgage broker urges his clients to think about the ramifications carefully.
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Did you know about CCCFA relief?
14 Feb 2023 - The Government has moved to ease the impact of the Credit Contracts and Consumer Finance Act on storm damaged properties. Here's what it's done.