And those pressures have spilled over into sharply higher fixed mortgage rates. The first to move is ANZ, adding between +34 basis points and +55 bps to its fixed rate card. That results in its six month rate rising to 3.60% and one year rate rising to 4.30%. Here is the updated snapshot of the lowest advertised fixed-term mortgage rates on offer from the key retail banks at the moment. Daily swap rates Select chart tabs 1 year % 2 years % 3 years % 4 years % 5 years % 7 years % 10 years % Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA

Source: Stuff October 19, 2022 17:23 UTC