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Last Article Uploaded: Wednesday, October 2nd, 9:02AM

Mortgages

Mortgage Rates Daily Commentary
Thursday 26 September 2024  Add your comment
Te Ara Ahunga Retirement Commission backs home equity release with advice

New research from Te Ara Ahunga Retirement Commission says home equity release products provide value for money but should be taken on advice. [READ ON]

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Retirement Commission backs home equity release with advice

New research from Te Ara Ahunga Retirement Commission says home equity release products provide value for money but should be taken on advice.

Thursday, September 26th, 12:41PM

Around 25% of older households who have low retirement income and savings, but high levels of equity in their home. In general they are more likely to be older (75+), non-Māori, and no longer in paid employment.

The report says there is evidence that people are finding it difficult to downsize into smaller homes due to a lack of appropriate properties. On average these households have home...MORE»

Bigger rate cuts called for

Tuesday, September 24th, 2:53PM  1 comment

Economists are called for bigger OCR cuts following weak economic data last week and The Fed cutting US interest rates 50 basis points.

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Squirrel sets up a drey in Christchuch

Monday, September 23rd, 7:39AM

Squirrel moves into the South Island with the purchase of a former Loan Market business.

MORE»

 

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[Podcast] TMM Ep3 Adrienne Begbie - Prospa

Saturday, September 14th, 10:03AM

Prospa NZ managing director Adrienne Begbie joins the TMM Better Business podcast to discuss opportunities for mortgage advisers. Here's some of the things she covers in this podcast.

MORE»

Differing views on latest CCCFA reforms

Friday, September 6th, 11:25AM

There are some differing views on the latest CCCFA changes announced this week, but one thing sector players agree on is that "the devil will be in the detail."

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Govt to remove personal liability for bank directors

Thursday, September 5th, 4:12PM

The government has decided to remove the due diligence duty and the associated personal liability for directors and senior managers of financial institutions,” commerce and consumer affairs minister Andrew Bayly told the Financial Services Council conference.

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Mortgage Supply leader and long term adviser retires

Thursday, September 5th, 7:27AM

The Mortgage Supply Co co-director and long term adviser David Hart is retiring at the end of this month.

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FMA to investigate mortgage advice sector

Wednesday, September 4th, 11:35AM

The Financial Markets Authority has said it plans to review the mortgage advice sector in wake of the Commerce Commission's report into banking.

MORE»

MORE NEWS»

Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 5.94 - - -
AIA - Go Home Loans 8.49 6.35 5.79 5.79
ANZ 8.39 ▼6.79 ▼6.29 ▼6.29
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - ▼6.19 ▼5.69 ▼5.69
ASB Bank 8.39 6.35 5.79 5.79
ASB Better Homes Top Up - - - 1.00
Avanti Finance 8.90 - - -
Basecorp Finance 9.60 - - -
BNZ - Classic - 6.29 5.79 5.79
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 8.44 - - -
BNZ - Rapid Repay 8.44 - - -
BNZ - Std 8.44 6.45 5.89 5.79
BNZ - TotalMoney 8.44 - - -
CFML 321 Loans 6.70 - - -
CFML Home Loans 6.95 - - -
CFML Prime Loans 8.75 - - -
CFML Standard Loans 9.70 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 6.15 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 8.15 6.35 5.79 5.69
Co-operative Bank - Standard 8.15 6.85 6.29 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - ▼6.60 ▼6.10 -
First Credit Union Standard 8.50 ▼7.20 ▼6.70 -
Heartland Bank - Online 7.99 6.69 6.35 6.15
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.00 6.50 -
ICBC 7.85 6.45 5.99 5.89
Kainga Ora 8.39 7.05 6.59 6.49
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 8.25 7.19 6.69 6.59
Kiwibank - Offset 8.25 - - -
Kiwibank Special - 6.29 5.79 5.79
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 8.75 ▼6.69 ▼6.19 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 8.49 ▼7.05 ▼6.39 ▼6.39
SBS Bank Special - ▼6.45 ▼5.79 ▼5.79
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 5.94 ▼5.45 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
TSB Bank 9.19 ▼7.09 ▼6.59 ▼6.59
TSB Special 8.39 ▼6.29 ▼5.79 ▼5.79
Unity 8.64 ▼6.29 ▼5.79 -
Unity First Home Buyer special - 6.20 - -
Wairarapa Building Society 8.50 6.65 5.99 -
Westpac 8.39 6.89 6.39 6.39
Westpac Choices Everyday 8.49 - - -
Westpac Offset 8.39 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 6.29 5.79 5.79
Median 8.44 6.53 6.10 5.79

Last updated: 2 October 2024 9:25am

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