Swap rates

Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises

Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises

ASB comes back again for more mortgage rate rises. Kiwibank also raises rates. They also adjusted TD rates up, but only to rivals' levels

ASB comes back again for more mortgage rate rises. Kiwibank also raises rates. They also adjusted TD rates up, but only to rivals' levels

Westpac's Imre Speizer says significantly higher Australian cash rate shouldn't directly impact NZ rates if its cause is Aussie specific

Westpac's Imre Speizer says significantly higher Australian cash rate shouldn't directly impact NZ rates if its cause is Aussie specific

ANZ doesn't hold back with its latest fixed mortgage rate increases, raising all two years and longer. But they did also raise TD rates at the same time, even if it was for terms savers avoid

ANZ doesn't hold back with its latest fixed mortgage rate increases, raising all two years and longer. But they did also raise TD rates at the same time, even if it was for terms savers avoid

BNZ matches Westpac with a rate cut to its six month fixed home loan rate, but it raises its four and five year fixed rates in response to fast-rising wholesale costs

BNZ matches Westpac with a rate cut to its six month fixed home loan rate, but it raises its four and five year fixed rates in response to fast-rising wholesale costs

Westpac is the next to move its mortgage rate card up, with two exceptions. They won't be the last as a new rate hiking cycle gets underway

Westpac is the next to move its mortgage rate card up, with two exceptions. They won't be the last as a new rate hiking cycle gets underway

ASB responds to recent rising wholesale funding pressures by raising carded four and five year home loan rates

ASB responds to recent rising wholesale funding pressures by raising carded four and five year home loan rates

Interest rates will fall in 2026 only if the economy fails to pick up steam AND inflation falls from here. The combination seems unlikely as we start the new year. More likely, savers will be in demand

Interest rates will fall in 2026 only if the economy fails to pick up steam AND inflation falls from here. The combination seems unlikely as we start the new year. More likely, savers will be in demand

After three straight years of building back term deposit balances, savers took a break in 2025. Lower rate offers and better alternatives caused the pause

After three straight years of building back term deposit balances, savers took a break in 2025. Lower rate offers and better alternatives caused the pause

Kiwibank's final fixed home loan rate changes set it as the bank with the lowest six month rate, and the highest three year rate, otherwise similar to its main rivals

Kiwibank's final fixed home loan rate changes set it as the bank with the lowest six month rate, and the highest three year rate, otherwise similar to its main rivals

Another large bank hikes most fixed home loan rates, cuts its six month one, and makes wide changes to term deposit rates, adding to the tightening credit conditions. BNZ and TSB follow

Another large bank hikes most fixed home loan rates, cuts its six month one, and makes wide changes to term deposit rates, adding to the tightening credit conditions. BNZ and TSB follow

ANZ, our biggest mortgage lender, raises most fixed home loan rates, but cuts its 6 month one. It also raises TD rates for 1 year & longer

ANZ, our biggest mortgage lender, raises most fixed home loan rates, but cuts its 6 month one. It also raises TD rates for 1 year & longer

The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals

The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals

The Co-operative Bank matches Westpac with steep hikes in longer term fixed mortgage rates, but a cut for its 6 month rate to the market's lowest. It also raised long-term TD rates

The Co-operative Bank matches Westpac with steep hikes in longer term fixed mortgage rates, but a cut for its 6 month rate to the market's lowest. It also raised long-term TD rates

The Red Bank hikes some fixed home loan rates by 30 basis points citing recent swap rate movements, also raises some term deposit rates by a similar amount

The Red Bank hikes some fixed home loan rates by 30 basis points citing recent swap rate movements, also raises some term deposit rates by a similar amount