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Rate of the day is the lowest 1-year special mortgage rate available across the selected lender category. This represents the best value option for borrowers with a 20%+ deposit.

Rate of the Day

1 Year Fixed

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The Big Five banks dominate New Zealand's mortgage market, originating the vast majority of residential loans. They offer competitive rates and comprehensive lending products.

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Disclaimer: These rates are updated hourly but may not always reflect real-time changes. Rates shown are for reference only and may include special conditions, LVR requirements, or eligibility criteria. We recommend confirming current rates directly with your lender or mortgage adviser before making any decisions. Data source.