Refixing your mortgage soon? Here’s what’s going on with interest rates

If your mortgage is due to come off fixed, you’re probably looking at a new interest rate that’s more than double what you’ve been paying. Scary moment. Why has this happened? In this article we look at some of the main influences on mortgage interest rates in New Zealand. We also use the Covid-19 period […]

How to find the best mortgage interest rates in New Zealand

With so many mortgage lenders, interest rates and terms to choose from, finding the best solution for your circumstances can be hard work. Whether you’re about to buy a home or are exploring refinancing options for a property you already own, you’ll find our rates page incredibly useful. It shows the lowest interest rates available […]

Is it worth breaking a fixed mortgage right now?

Most people think about breaking their fixed rate mortgage when interest rates are falling and they see lower rates than the one they’re on. But even if fixed interest rates are climbing, you may be worried about how high the rates will be when your current fixed interest rate ends. And that could have you […]

How is mortgage interest calculated?

Understanding how lenders calculate your mortgage interest is the first step to finding ways to pay less interest over the life of your loan. To help you along, here’s a summary of where the interest goes, what affects interest rates, how your regular interest payment is calculated and ways to reduce the interest you pay. […]