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Last Article Uploaded: Sunday, September 20th, 11:42AM

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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Latest Headlines

Growth at Link points to adviser channel opportunities

After two years as national growth manager at Link Financial Group, Luke Roberts leaves at the end of this month having grown adviser numbers by 30%.

Monday, September 21st, 6:00AM

Sitting as the third biggest national aggregator behind NZFSG and KAN, Link Financial Group (LFG) now has 240 advisers working across mortgages, insurance and KiwiSaver.

Roberts says growth opportunities in the adviser space are huge. “The channel of choice towards the adviser market has shifted significantly in New Zealand, although we are way behind Australia.”

Across...MORE»

OCR pass on rates vary from two days to five weeks

Sunday, September 20th, 11:19AM

How quickly are banks passing on OCR changes for home loans and term deposits? The FMA has run the numbers.

MORE»

Newest non-bank lender officially launched

Tuesday, September 15th, 2:57PM  1 comment

MB Private has launched as a new non-bank lender, and it has the backing of Westpac New Zealand.

MORE»

 

Previous News

Tella widens CRM platform’s capabilities

Friday, September 11th, 10:19AM

Tella has rolled out a major technology upgrade for its specialised mortgage and finance CRM platform MyDash, in a bid to become an industry leading advice platform.

MORE»

Political attention on first home buyers ramps up

Tuesday, September 8th, 10:36AM

If re-elected National will widen access to the Kāinga Ora First Home Loan scheme to buyers earning up to $300,000 combined, while New Zealand First is opting for a shared equity scheme. 

MORE»

NZFSG calls out banks for chasing advisers' clients

Monday, September 7th, 9:52AM

NZFSG is calling out banks for undercutting mortgage rates quoted by advisers, setting up a channel conflicts register as lenders fight harder for borrowers in a slowing market.

MORE»

OCR Up: What the RBNZ said

Wednesday, September 2nd, 2:10PM

The Monetary Policy Committee today reached consensus to increase the OCR to 25 basis points to 2.75%.

MORE»

Whether to fix short or long term is the question

Tuesday, September 1st, 6:39AM

ANZ says with house prices likely to remain flat or edge slightly down in the near term, the decision facing mortgage advisers is whether clients take out the longer fixed rates or opt for a series of one-year back-to-back fixes.

MORE»

MORE NEWS»

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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