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Mortgages

Mortgage Rates Daily Commentary
Wednesday 11 February 2026  Add your comment
ASB grows home loan book; Two year rates back in vogue

ASB has reported a flat half year profit, but has grown its home loan book faster than the market. [Our report is here]

Interestingly its turnaround time in the bank channel averaged two days. How did that compare with the mortgage adviser channel?

Have your say in the comments section.

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Latest Headlines

NZMBA sponsors TV programme

The New Zealand Mortgage Brokers Association is going ahead with its planned advertising campaign, kicking off by sponsoring a television program beginning in the second week of January.

Monday, November 21st 2005, 6:19AM

by Jenny Ruth

The program called The Property Climbers will be fronted by property guru Ollie Newland and will run for eight weeks.

NZMBA chief executive Megan Salt says it's important that all NZMBA members back up the advertising campaign by co-branding with the new NZMBA logo.

One of the first of the major groups to incorporate the logo in its marketing material is Mortgage Link which Salt describes as "really stunning."

Although some in the industry, notably Mike Pero, have been lobbying for a larger NZMBA marketing budget, Salt says the first contributions have been coming in quite slowly. "It's coming in, but not fast."

Olly Newland has recently published a new book Climbing the Property Ladder. Climbing the Property Ladder shares valuable lessons he’s learned over 45 years as a property investor ... and some horror stories.

Buy your copy through the Good Returns bookstore here http://www.goodreturns.co.nz/books/product_info.php?products_id=398

« Pero under takeover offer from NZ FinanceGovernor quiet, rates rise »

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 3.34 - - -
AIA - Go Home Loans 5.89 ▲4.59 ▲4.95 ▲5.19
ANZ 5.79 5.09 5.49 5.79
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.49 4.69 5.19
ASB Bank 5.79 ▲4.59 ▲4.95 ▲5.19
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.35 - - -
Avanti Finance - Specialised 7.55 - - -
Basecorp Finance 6.35 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 4.49 4.69 5.09
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans 3.95 - - -
CFML Home Loans 6.05 - - -
CFML Prime Loans 6.25 - - -
CFML Standard Loans 6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Co-operative Bank - First Home Special - 4.39 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 4.99 4.49 ▲4.89 ▲5.19
Co-operative Bank - Standard 4.99 4.99 ▲5.39 ▲5.69
Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.79 4.95 -
First Credit Union Standard 6.49 5.39 5.55 -
Heartland Bank - Online 5.30 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 7.45 5.90 5.80 -
ICBC 5.39 4.25 4.59 4.79
Kainga Ora 5.69 4.49 4.49 4.79
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 5.65 5.39 ▲5.79 ▲6.05
Kiwibank - Offset 5.65 - - -
Kiwibank Special 6.15 4.49 ▲4.89 ▲5.25
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.49 4.59 4.69 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 5.84 5.09 5.29 5.69
SBS Bank Special - 4.49 4.69 5.09
SBS Construction lending for FHB 3.74 - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 3.29 3.99 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 6.59 5.19 ▲5.69 ▲5.95
TSB Special 5.79 ▼4.39 ▲4.89 ▲5.15
Unity First Home Buyer special - 3.99 - -
Unity Special 5.79 4.49 4.69 -
Unity Standard 5.79 5.29 5.49 -
Wairarapa Building Society 6.15 4.59 4.79 -
Westpac 5.89 5.09 5.49 5.75
Westpac Choices Everyday 5.99 - - -
Lender Flt 1yr 2yr 3yr
Westpac Offset 5.89 - - -
Westpac Special - 4.49 4.89 5.15
Median 5.94 4.59 4.95 5.19

Last updated: 10 February 2026 11:20am

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