Latest news |


Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.

Two hands exchanging playing cards
05 May 2022

Borrowing costs to banks unusually high at the moment

One of the more interesting things in the wholesale money markets at the moment is that swap rates have risen so far they imply an...

Hand in glove squeezing lemon
26 April 2022

Monetary policy to tighten before it loosens again

the fixed rate costs to banks of borrowing money to lend at fixed interest rates have soared in recent weeks. That is why we are s...

Silhouette of person climbing mountain
11 April 2022

Mortgage rates still yet to peak

An analyst was quoted recently saying she believes fixed mortgage rates are already at their peaks. I can see where she's coming f...

25 March 2022

Interest rates not just rising in New Zealand

In the United States this week we have seen the Federal Reserve Board raise their key interest rate by 0.25% with a target range now of 0.25% to 0.5%.

Glove holding American $20 bills in front of USA flag
14 March 2022

Inflation outlook gets worse, and better

It looks like inflation in New Zealand this year is going to be perhaps 1% higher than thought just a few weeks ago as a result of Russia’s invasion of Ukraine.

Hand pumping gas into car
03 March 2022

Where will mortgage rates peak?

What is it that borrowers should expect to see happen to their mortgage rates over the next few years? In particular, what does it mean now that the Reserve Bank have lifted their pick for how high their OCR goes from 2.5% to just under 3.4%?

Cat lying down in front of houses, looking up
15 February 2022

Monetary policy tightening all around the world

It seems like we cannot get through a week at the moment without some fresh news suggesting inflation around the world will be more problematic than thought, and that interest rates will need to rise earlier and potentially higher than previously believed.

Hand holding globe