ANZ, New Zealand's largest home loan lender, has increased most of its fixed-term mortgage rates by 10 basis points. The new rates came into effect on Thursday, April 16, 2026.
The move follows a general rise in wholesale swap rates observed from the start of April. These wholesale rates are a key funding cost for banks and directly influence the pricing of fixed-rate home loans offered to customers.
Other major trading banks in New Zealand are expected to review their own lending rates in response to the shifting market conditions. This increase occurs as the traditional peak selling season for residential real estate begins to slow.
