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Mortgage rates NZ Herald

NZ’s biggest bank increases mortgage rates amid ‘global uncertainty’

ANZ will raise fixed home loan rates by 10 to 26 basis points.

RNZ · The New Zealand Herald

Updated

RNZ

2 mins to read

ANZ says the changes reflect a broad increase in wholesale interest rates. Photo / RNZ, Nate McKinnon

By Susan Edmunds of RNZ

ANZ says it will increase a number of its fixed home loan and term deposit interest rates.

Managing director for personal banking Grant Knuckey said it reflected a broad increase in wholesale interest rates, amid continued global uncertainty.

One-year swap rates have risen from just