ANZ Leads Market Higher: Mortgage Rates Jump as Inflation Fears Mount

ANZ raises fixed home loan and term deposit rates as inflation concerns mount. Chief Economist Sharon Zollner predicts three OCR hikes starting July 2026.

By: AXL Media

Published: Apr 15, 2026, 6:24 AM EDT

Source: RNZ Pacific

ANZ Leads Market Higher: Mortgage Rates Jump as Inflation Fears Mount - article image
ANZ Leads Market Higher: Mortgage Rates Jump as Inflation Fears Mount - article image

The Rate Hikes: A Breakdown

ANZ has increased home loan rates for terms between one and five years by 10 to 20 basis points.

Key Mortgage Changes:

One-Year Special: Lifted from 4.59% to 4.69%.

Two-Year Special: Lifted from 5.09% to 5.29%.

Term Deposit Changes:

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