--- title: NZ Home Loan Blog | interest rates description: interest rates | --- [0800 030 646](tel:0800030646) - Search - [Contact Us](https://nzhl.co.nz/contact-us/) - [Find Us](https://nzhl.co.nz/find-us/) - [Client Login](https://nzhl.co.nz/login/) [![NZHL](https://blog.nzhl.co.nz/hubfs/Nzhl_January2019%20Theme/Images/logo-footer-nzhl.png)](https://nzhl.co.nz/) - [Home Loans](https://nzhl.co.nz/home-loans) - - [Change to NZHL](https://nzhl.co.nz/home-loans/switch-to-nzhl/) - [Buying your first home](https://nzhl.co.nz/home-loans/first-home/) - [Buying your next home](https://nzhl.co.nz/home-loans/next-home/) - [Interest rates](https://nzhl.co.nz/home-loans/interest-rates/) - [Home Loan calculators](https://nzhl.co.nz/home-loans/tools-calculators/) - [FAQ](https://nzhl.co.nz/about-nzhl/faq/) - - [How much could I borrow?](https://nzhl.co.nz/home-loans/tools-calculators/) - [Where's my nearest office?](https://nzhl.co.nz/find-us/) - [How much deposit do I need?](https://nzhl.co.nz/home-loans/first-home/getting-a-deposit/) - [Insurance](https://nzhl.co.nz/insurance) - - [Your Life](https://nzhl.co.nz/insurance/your-life/) - [Your Health](https://nzhl.co.nz/insurance/your-health/) - [Your Home and Car](https://nzhl.co.nz/insurance/your-home/) - [Your Income](https://nzhl.co.nz/insurance/your-income/) - [Request a quote](https://nzhl.co.nz/insurance/request-a-quote/) - [FAQ](https://nzhl.co.nz/about-nzhl/faq/) - - [NEW! 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It works but not very well. There are 2 main reasons for this, taxation... [Read More](https://blog.nzhl.co.nz/articles/have-your-savings-account-within-your-home-loan) #### [Questioning interest rates](https://blog.nzhl.co.nz/articles/questioning-interest-rates) - NZHL - 3rd of August 2016 - [interest rates](https://blog.nzhl.co.nz/articles/tag/interest-rates) [![shutterstock_795267277](https://blog.nzhl.co.nz/hs-fs/hubfs/shutterstock_795267277.jpg?width=688&name=shutterstock_795267277.jpg)](https://blog.nzhl.co.nz/articles/questioning-interest-rates) As someone who is usually always questioned on interest rate I want to illustrate why it is never that simple using a single point of reference for a mortgage. I’ll illustrate it with Smith vs Smyth. [Read More](https://blog.nzhl.co.nz/articles/questioning-interest-rates) #### [Are you benefiting from the OCR drop?](https://blog.nzhl.co.nz/articles/are-you-benefiting-from-the-ocr-drop) - NZHL - 28th of July 2015 - [interest rates](https://blog.nzhl.co.nz/articles/tag/interest-rates) [OCR](https://blog.nzhl.co.nz/articles/tag/ocr) [![shutterstock_541377586](https://blog.nzhl.co.nz/hs-fs/hubfs/shutterstock_541377586.jpg?width=688&name=shutterstock_541377586.jpg)](https://blog.nzhl.co.nz/articles/are-you-benefiting-from-the-ocr-drop) With the Reserve Bank dropping the OCR by 0.25% and most of the banks reacting immediately by dropping their floating rates we remain in a position of historic low interest rates. Around 80% of... [Read More](https://blog.nzhl.co.nz/articles/are-you-benefiting-from-the-ocr-drop) #### [Interest Rate vs Mortgage Term](https://blog.nzhl.co.nz/articles/interest-rate-vs-mortgage-term) - NZHL - 28th of May 2015 - [home loans](https://blog.nzhl.co.nz/articles/tag/home-loans) [interest rates](https://blog.nzhl.co.nz/articles/tag/interest-rates) [mortgage term](https://blog.nzhl.co.nz/articles/tag/mortgage-term) [![shutterstock_1328656961](https://blog.nzhl.co.nz/hs-fs/hubfs/shutterstock_1328656961.jpg?width=688&name=shutterstock_1328656961.jpg)](https://blog.nzhl.co.nz/articles/interest-rate-vs-mortgage-term) **‘You only know what you know’. Or in terms of a mortgage, you may only know what your lender chooses to reveal.**A quick look at a mortgage comparison site, interest.co.nz, and all you see are... [Read More](https://blog.nzhl.co.nz/articles/interest-rate-vs-mortgage-term) ##### Popular Posts [![Should you break your loan?](https://blog.nzhl.co.nz/hs-fs/hubfs/shutterstock_1233077740.jpg?width=300&name=shutterstock_1233077740.jpg)](https://blog.nzhl.co.nz/articles/should-you-break-your-loan) [**Should you break your loan?**](https://blog.nzhl.co.nz/articles/should-you-break-your-loan) 11 June 2015 In my recent article I spoke about the[impact of the OCR if you are floating](http://www.nzhl.co.nz/are-you-benefiting-from-the-ocr-drop/). Today I’ll... [![5 reasons lenders decline mortgage applications](https://blog.nzhl.co.nz/hs-fs/hubfs/applicationdeclined-525x350.jpg?width=300&name=applicationdeclined-525x350.jpg)](https://blog.nzhl.co.nz/articles/5-reasons-lenders-decline-mortgage-applications) [**5 reasons lenders decline mortgage applications**](https://blog.nzhl.co.nz/articles/5-reasons-lenders-decline-mortgage-applications) 24 March 2016 There is nothing worse than dreaming of your own home, putting time and effort into... [![Credit Card Tips](https://blog.nzhl.co.nz/hs-fs/hubfs/creditcards-487x350.jpg?width=300&name=creditcards-487x350.jpg)](https://blog.nzhl.co.nz/articles/credit-card-tips) [**Credit Card Tips**](https://blog.nzhl.co.nz/articles/credit-card-tips) 14 January 2016 In today’s increasingly online world, credit cards are becoming less of a luxury and more... [![Buying cars: the worst finance habit?](https://blog.nzhl.co.nz/hs-fs/hubfs/carpurchase-548x350-1.jpg?width=300&name=carpurchase-548x350-1.jpg)](https://blog.nzhl.co.nz/articles/buying-cars-the-worst-finance-habit) [**Buying cars: the worst finance habit?**](https://blog.nzhl.co.nz/articles/buying-cars-the-worst-finance-habit) 15 November 2016 If I had to describe my worst financial habit, along with a number of my friends, it... 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