Today Kiwibank dropped their floating rate to 3.40% - this is an amazing reduction compared to the 7 other banks. Hope this will encourage other banks to change their home loan floating rates.

Today ANZ New Zealand have reduced some of their fix rates. The fix rates changes have been made to some of their Standard Fix Rates as well as some of their Special Fix Rates.

Over the weekend, SBS Bank followed two other NZ Banks by reducing their fix rates. The fix rates changes have been made across their Standard Fix Rates as well as some of their Special Fix Rates.

Another NZ Bank have made changes to their fix rates following The Co-Operative Bank rate reductions yesterday. Today TSB Bank New Zealand have reduced their rates between the 2 and 5 year fix rate terms.

Forecast shows a high possibility of rate drops as The Co-Operative Bank New Zealand make changes to their home loan fix rates.

A common question for borrowers, whether you are a first home buyers or existing home owner is Why use a Mortgage Broker? or What is a Mortgage Broker? Here I try to explain what we do and why you should see a Mortgage Broker.