PHOTO: FILE
In this episode of Property Now, Ed from Opes Partners reveals the latest trends in interest rates and how you can leverage them to save on your mortgage. With a detailed breakdown of recent rate drops by major banks and proven negotiation tactics, Ed equips you with the tools to secure the best mortgage deal.
Here are some of the current mortgage rates in New Zealand as of April 17, 2024:
- ANZ, ASB, BNZ, and TSB offer the lowest 1-year fixed mortgage rate at 7.24%
- Kiwibank:
- 1-year fixed: 7.25% p.a.
- 2-year fixed: 6.79% p.a.
- 3-year fixed: 6.65% p.a.
- 4-year fixed: 6.55% p.a.
- SBS Bank:
- 1-year fixed: 8.74%
- Special: 7.35%
- Westpac:
- 1-year fixed: 8.64%
- Special: 7.39%
- opespartners.co.nz – Current NZ mortgage interest rates (2024)
- kiwibank.co.nz – Compare home loan rates & fees
- squirrel.co.nz – Compare the latest home loan interest rates