Home loan fixed rates drop below 5 per cent

Sunday 2 November 2025 · 2 outlets · 2 reports · updated Sun 2 Nov 2025, 3:40pm

In this story NZME, ANZ, Westpac, BNZ

Interest rates for home loans have decreased throughout the year. Westpac and BNZ are currently offering five-year fixed rates of 4.99%, a level not seen since 2021.

How they headlined it

4h

11:34am3:40pm

1. RNZSun 2 Nov 2025, 11:34am

   Is it worth taking a five-year home loan fix? (opens in new tab)

2. NZ HeraldSun 2 Nov 2025, 3:40pm

   Should you fix your mortgage now as rates fall below 5%? (opens in new tab)