Buying guide

New Zealand interest rates

Current home loan rates on offer in New Zealand

Ben Tutty
Last updated: 14 September 2025 | 3 min read
AI

AI summary

Stay ahead with the latest New Zealand home loan rates for buying or refinancing. Current averages sit at 4.71% for a 1-year fixed rate and 6.01% for a floating rate. The lowest offer is 3.99% from SBS Bank on its FirstHome Combo.

Experts suggest we are near the bottom of the interest rate cycle. While short-term rates might dip slightly in early 2026, longer-term rates have likely bottomed out and may soon begin to rise.

Latest interest rates
View [Google Sheets]

Rates snapshot

Interest rate outlook

Interest rate guides:

Author

Ben Tutty Ben Tutty
Content Writer