Collins & May Law

24/06/2026

The country’s largest bank is set to cut some of its home loan and term deposit rates on the back of a fall in wholesale interest rates.

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Westpac made similar home loan cuts last week, amid easing funding costs.

19/06/2026

Westpac NZ has cut some of its fixed home loan interest rates, effective tomorrow.

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The bank said "positive geopolitical developments" in recent weeks had brought longer-term funding costs down.

10/06/2026

27/05/2026

Reserve Bank decision: OCR on hold at 2.25%, warns rate rises to come sooner than forecast.

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The RBNZ will also deliver a full Monetary Policy Statement today.

27/05/2026

Property data firm Cotality is warning that increasing numbers of New Zealand mortgage holders will face higher costs over the next six to 12 months - whatever happens to the official cash rate this week.

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Cotality chief property economist Kelvin Davidson says the market is at a significant turning point, after a period where rates had fallen.

05/05/2026

BNZ has lifted some of its fixed-term mortgage rates – two of them for the second time in two weeks.

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All the major banks have increased rates in recent weeks.

01/05/2026

House prices remain stable despite sales being recorded at levels not seen since 2021, according to realestate.co.nz’s latest property report released today.

Read more: https://www.1news.co.nz/2026/05/01/number-of-house-sales-in-march-highest-since-2021-prices-stable/

The latest property report by realestate.co.nz said, despite the increase in activity, the market is showing "levels of stability we have not seen in recent history".

16/04/2026

ANZ, the country's largest bank, is increasing some of its fixed home loan and term investment rates.

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It is raising its home loan rates on terms between one year and five years by 10 basis points or 20 basis points.