| Previous years: | Monthly: | ||||||
|---|---|---|---|---|---|---|---|
| Jan 2018 | Jan 2019 | Sep 2019 | Oct 2019 | Nov 2019 | Dec 2019 | Jan 2020 | |
| New special residential mortgage interest rates (average % end of month) | |||||||
| 6 months1 | 4.93 | 4.95 | 4.33 | 4.14 | 4.00 | 4.00 | 4.00 |
| 1 year1 | 4.49 | 4.06 | 3.52 | 3.49 | 3.41 | 3.38 | 3.37 |
| 18 months1 | 4.58 | 4.23 | 3.70 | 3.76 | 3.63 | 3.53 | 3.53 |
| 2 years1 | 4.65 | 4.24 | 3.44 | 3.40 | 3.44 | 3.49 | 3.49 |
| 3 years1 | 4.94 | 4.50 | 3.81 | 3.85 | 3.83 | 3.82 | 3.82 |
| 4 years1 | 5.48 | 4.97 | 4.09 | 4.14 | 4.09 | 4.11 | 4.11 |
| 5 years1 | 5.64 | 5.07 | 4.16 | 4.21 | 4.15 | 4.19 | 4.19 |
New customer special residential mortgage average interest rates at the end of month for registered banks.
Monthly.
Data is published five working days after the end of the reference period.
Data is released on the Reserve Bank’s statistics page.
The Statistics Release Calendar provides a long-term plan of scheduled releases. It is updated and released on the first working day of the month.
Data are collected under Section 36 of The Reserve Bank of New Zealand Act 1989 (The Act).
The Reserve Bank of New Zealand publishes only aggregated data. Individual institutional data is confidential.
Revisions are generally published when the table is next due to be updated and released. Should revisions need to be made more promptly, a note is posted on the website as a special note.
Any major changes in methodology are posted on the website as a special note.
A copy of the survey template and definitions is available here.
The Reserve Bank publishes data on the weighted floating first mortgage new customer housing rate in the Retail interest rates on lending and deposits (B3)
Interest.co.nz publishes mortgage interest rates for a range of terms.
The interest rates recorded here are simple averages of the special advertised (or ‘discounted’) first mortgage interest rates offered by banks to new borrowers for residential property. Special rates or discounts are offered to borrowers who meet specific lending criteria, terms or conditions (e.g. at least 30 percent equity). May not be available to all borrowers.
| 0 | Zero or value rounded to zero |
| - | Not applicable |
| .. | Not available |
| bold | Revised/new |
| italics | Provisional |
| light red background | Historical |