Major banks increase some fixed home loan interest rates

Thursday 18 December 2025 · 4 outlets · 6 reports · updated Thu 18 Dec 2025, 6:16pm

In this story NZME, Reserve Bank of New Zealand, Inland Revenue, ANZ, Westpac, ASB

ASB, BNZ, Westpac and ANZ have raised some of their longer-term fixed mortgage rates. While some banks have lowered six-month fixed rates, ANZ reports more customers are asking to switch from floating to fixed terms as rates rise.

How they headlined it

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1. RNZThu 18 Dec 2025, 5:56am

   Customers jump on fixed terms as rates rise (opens in new tab)

   Also on NZ Herald (opens in new tab)

   • ASB, BNZ increase some fixed home loan interest rates (opens in new tab) Thu 18 Dec 2025, 8:56am
2. NZ HeraldThu 18 Dec 2025, 7:39am

   Home loan shake-up as major banks hike long-term rates, trim six-month fixes (opens in new tab)

   • Westpac raises home loan rates by 14bps for 18-month fixed standard and special mortgages (opens in new tab) Thu 18 Dec 2025, 6:16pm
3. 1NewsThu 18 Dec 2025, 7:55am

   More major banks lift some fixed mortgage rates (opens in new tab)

4. Otago Daily TimesThu 18 Dec 2025, 8:43am

   Homeowners opting for fixed terms as rates rise (opens in new tab)