Jenée TibshraenyWellington Business Editor·NZ Herald·4 Jun, 2026 02:18 AM3 mins to read‌ANZ's "special" two-year mortgage rate is rising by 20 basis points to 5.49%. Photo / Alex BurtonANZ's "special" two-year mortgage rate is rising by 20 basis points to 5.49%. Photo / Alex BurtonANZ has lifted its mortgage rates to levels above its competitors. The country’s largest bank today hiked all its rates by 20 basis points (bps), except for its one-year rate, which it lifted by 10bps.

ANZ’s rates now start at 4.69% for its six-month “special” and go up