Two more banks put up mortgage rates, two-year term rises to 6.29%

Home / BusinessNZ Herald10 Aug, 2026 11:04 PM2 mins to readNZ Herald Morning Headlines | Tuesday, August 11, 2026.

Australian firm CDC Data Centres set for a 250MW data centre in Taranaki. Video / NZ HeraldKiwibank and TSB are the latest banks to lift their mortgage rates.TSB said today that it would be putting up its six-month to three-year year fixed lending terms, effective immediately.

The largest of those increases is for its two-year offering, which jumps 24 basis points (bps) to 5.49% (special)

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