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Mortgages

Mortgage Rates Daily Commentary
Wednesday 16 September 2026  Add your comment
New non-bank lender officially launches; And a bank cuts a rate

A new non-bank lender has entered the market. It's received a significant bank funding line and some of the names behind the business will be recognised by advisers.  [READ ON]

Who is behind MB Private? Find out here.

Amongst home loan rate news TSB has gone the other way and reduced rates on its one year term. Check out how it compares here.

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New Bluestone boss

Bluestone has appointed a new general manager for its New Zealand business.

Monday, July 24th 2006, 11:09PM
Bluestone Group has appointed Terry Zouch as general manager of its New Zealand business.

Zouch joins the Bluestone Group after a 29 year career with ASB. Over the past six years, he has held executive positions as regional manager Counties and North Harbour in addition to senior management positions in the retail network.

Zouch brings strong leadership and management skills to his new role and has extensive retail experience in the banking and financial services industry, Bluestone says.

He takes over from Peter Wood, who is moving to Australia with Bluestone to assist in developing greenfield opportunities.

"Peter has headed the New Zealand business since its inception in December 2002, building it to be a key contributor to the group including spearheading three securitisations managed by publicly listed Sapphire Securities Limited," Bluestone chief executive Alistair Jeffery says.

Bluestone is a specialist lender that employs 35 staff in New Zealand and has originated over $350 million in residential mortgages.

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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 6.39 4.75 5.45 5.45
ANZ 6.29 5.59 6.09 6.19
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.99 5.49 5.59
ASB Bank 6.29 4.99 5.45 5.45
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.85 - - -
Avanti Finance - Specialised 8.00 - - -
Basecorp Finance 6.35 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 6.44 - - -
BNZ - Rapid Repay 6.44 - - -
BNZ - Std 6.34 ▲5.19 ▼5.35 ▲5.59
BNZ - TotalMoney 6.44 - - -
CFML 321 Loans 4.20 - - -
CFML Home Loans 6.55 - - -
CFML Prime Loans 6.70 - - -
CFML Standard Loans 7.20 - - -
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 - 4.89 5.29 5.59
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 5.69 4.99 5.45 5.69
Co-operative Bank - Standard 5.69 5.49 5.95 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.09 5.49 -
First Credit Union Standard 6.49 5.69 6.09 -
FMT 7.15 - - -
FMT Development 7.90 - - -
Heartland Bank - Online 6.35 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 6.50 5.50 5.65 -
ICBC 5.39 4.49 4.99 5.25
Lender Flt 1yr 2yr 3yr
Kainga Ora 5.79 4.59 4.95 5.19
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 6.25 ▲6.05 6.29 ▲6.39
Kiwibank - Offset 6.25 - - -
Kiwibank Special ▲6.25 ▲5.15 5.39 ▲5.59
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.99 5.19 5.49 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 6.34 5.39 5.89 5.89
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.69 5.29 5.29
SBS Construction lending for FHB 3.79 - - -
SBS FirstHome Combo 3.29 4.29 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 7.09 5.65 6.29 6.49
TSB Special 6.29 4.85 5.49 5.69
Unity First Home Buyer special - 4.15 - -
Unity Special 6.04 4.80 5.29 -
Unity Standard 6.04 5.60 6.29 -
Wairarapa Building Society 6.25 5.15 5.65 -
Lender Flt 1yr 2yr 3yr
Westpac 6.39 5.79 5.89 6.19
Westpac Choices Everyday 6.49 - - -
Westpac Offset 6.39 - - -
Westpac Special - 5.19 5.29 5.59
Median 6.39 5.15 5.49 5.59

Last updated: 24 September 2026 10:48am

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