Days to the General Election: 16
See Party Policies here. Party Lists here.

ANZ and National Bank raise long term mortgage rates

ANZ and National Bank raise long term mortgage rates
ANZ and National Bank announced they would raise long term mortgage rates on Tuesday morning by between 10 and 15 basis points (bps). The move follows other increases by BNZ, TSB, Kiwibank and ASB. However, despite being owned by the same banking group, the two separate arms of ANZ National made some slightly different changes to the rates. Both raised their standard 18 month mortgage rates by 10 bps to 5.89%. National Bank raised its three year rate by 10 bps to 6.95%; four year by 15 bps to 7.55%; and five year by 10 bps to 7.95%. ANZ raised its three year rate by 14 bps to 6.99%; four year by 10 bps to 7.50%; and five year by 14 bps to 7.99%. See all the latest rates on our mortgage rates page.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.

Days to the General Election: 16
See Party Policies here. Party Lists here.