Mobile Mortgages

When your home loan is up for review, it can be difficult to know what to do. We can help. We can discuss the options with you to help you decide which home loan structure is right for you.

We provide this service absolutely free of charge and we can look at options across not only a whole range of products but also across a whole range of lenders.

In the mean time check out some of the great rates available today!

Floating/Flexible Rates
Floating Interest Rate 6.24% p.a.
Flexible Interest Rate 6.20% p.a.

Fixed Interest Rates
6 months 6.35% p.a.
1 year 5.95% p.a.
18 Months 6.29% p.a.
2 years 6.49% p.a.
3 years 6.99% p.a.
4 years 7.45% p.a.
5 years 7.70% p.a.

Not sure what would work best for you? Drop us a line and we will help.

Official cash rate 2.50% (unchanged)

90 day bill rate 2.78 (down from 2.80%)

1 year swap rate 3.35 (down from 3.45)

3 year swap rate 4.95 (down from 5.03)

10 year bond rate 5.95 (down from 6.03)

Kiwi dollar 0.7380 (up from 0.7212)

Asb bank has raised its fixed mortgage rates today.

The move comes at a time when interest rates in the wholesale money market are rising.

There is speculation that the reserve bank of new zealand will raise its official cash rate sooner than the latter part of 2010 it has been signalling.

Reserve bank of australia (rba) governor glenn stevens said this week it would be a mistake to be “too timid” to raise interest rates in response to a brighter economy.

The rba board took the first step to returning interest rates towards what mr stevens described as more normal levels last week, when it lifted the cash rate to 3.25 percent, from 3 percent.

In new zealand, government-owned kiwibank announced last week that it was raising many of its fixed mortgage rates.

Asb has hiked its six month mortgage rate by 25 basis points to 5.75 percent. Its new five-year rate is now 8.75 percent.

The one-year rate is 6 percent, the 18 month rate is 6.6 percent and two-year rate is 7.15 percent. The three-year rate is 7.95 percent and the four-year rate is 8.5 percent.

Anz economists said today that a sell off in new zealand’s interest rate market yesterday on higher than expected consumer price index data continued overnight. The sell-off raised interest rates in the money market across the yield curve.

“bias is firmly to the pay side,” anz said.
http://www.interest.co.nz/mortgages.asp?100