Menu

COMPARE MORTGAGE RATES TO FIND TODAY'S BEST

By Trish Willis | Member of Property Institute of NZ

Comparing mortgage rates is the first place to start if you want the best bang for your buck, and we have all the information you need here to point you in the right direction.

There are dozens of banks, mortgage brokers and other lending institutions prepared to take your hard earned money in mortgage repayments and there are different styles of lending to suit different personalities - for example, low risk takers or big risk takers.

Where to compare mortgage rates

You can take a look at today's interest rates provided by mainstream banking institutions and what mortgage rates are offered by alternative lending institutions like building societies, credit unions or other non-bank lenders, you'll get the whole shebang on interest.co.nz.

Put your bank loyalty to the test

Selling and buying your next property

If you’re looking at comparing mortgage interest rates, you’re either re-mortgaging or buying a new property.

If buying a new property, make sure you read Wise Up's Buying a House Checklist of things to tick off before you make the leap. The checklist covers everything from legal advice and the building inspection, to the valuation and insurance.

You may be upgrading to a better home, in which case you will also be selling your house.

You need to budget for real estate commission fees, and make sure your home is fully ready for the market in order to have the best chance of obtaining the best price in the shortest possible time span.

Check out these easy Tips that Will Help Sell Your Home.

Banks can help with expenses when selling

Banks will often provide assistance to help you take the next step with property but how they assist will vary from bank to bank.

For example, if you are planning to sell and need a short term loan to get repairs or maintenance finished, they may help.

Remember that unfinished, unconsented projects will require codes of compliance to sell your property so don't leap into the real estate process until you have the paperwork as it can be very costly.

They may also assist with home staging an empty property.

You can share our information on home staging for bank staff to see what difference staging can make on the equity you could achieve.

If in doubt, just ask your bank to help.

Stay updated

Sign up to news about buying a house by adding your details below:

You might also like:

Article update August 25, 2024 | About