Mortgage Rates Compared
New Zealand currently has close to the highest interest rates in the developed world. Although this is good news for savers, if you have to borrow money to fund the purchase of a house, interest payments in New Zealand will be high.Here are the current interest rates on mortgages offered by the country's main high street lenders.
Last Updated April 3 2008
Mortgage Interest Rates in New Zealand
| Type of Mortgage | ANZ | ASB | Kiwibank | National Bank |
| Variable Rate | 10.70% | 10.75% | 10.20% | 10.70% |
| 6 months fixed | 9.95% | 9.85% | 9.80% | 9.95% |
| 1 year fixed | 9.95% | 9.75% | 9.85% | 9.95% |
| 2 years fixed | 9.70% | 9.70% | 9.60% | 9.70% |
| 3 years fixed | 9.55% | 9.65% | 9.35% | 9.55% |
| 5 years fixed | 9.30% | 9.40% | 9.30% | 9.30% |
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