With rising interest rate uncertainty and fluctuating market conditions in New Zealand, locking in a long-term mortgage rate might seem like a safe bet—but it could cost you more in the long run. Here’s why more Kiwis are choosing short-term fixed rates in 2025.
1. The Market is Shifting — And Fast
Banks and lenders are constantly adjusting rates in response to inflation and economic changes. Long-term rates are typically higher, locking you into repayments that may not suit your situation 6 months down the line.
2. Flexibility is Power
A short-term fixed mortgage allows you to reassess and adjust more frequently. You can take advantage of drops in interest rates, restructure your loan, or even make lump-sum payments with less penalty.
3. Advice Matters More Than Ever
This isn’t the time to guess or go it alone. Speaking to a licensed mortgage adviser ensures you’re not just following trends but choosing the right path based on your income, future plans, and market predictions.
How Total Assurance Helps You Win
At Total Assurance, we don’t just secure loans—we partner with you for smarter decisions. Our advisers stay updated on current market insights and negotiate the best deals tailored to your needs.
Final Thoughts
Don’t rush to fix your mortgage long-term.
Choose short-term, stay flexible, and keep your financial future in your hands.
Need help with your mortgage plan?
Contact Total Assurance Today – Let’s make smarter money moves together!