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

Hands holding phone showing rates graph
03 August 2022

Rates increasingly look like they have peaked

Inflation numbers have come out higher than expected offshore so expectations have grown that central banks will continue to raise...

Woman crying, calculator and money on table
15 July 2022

Monetary policy still tightening

Two weeks ago I wrote about how fixed mortgage rates for periods of two years and beyond may be at or very close to their peaks th...

Person standing on peak of mountain
30 June 2022

Mortgage rates near their peaks

Banks have recently increased their fixed mortgage rates in response to a jump in the wholesale interest rates at which they thems...

17 June 2022

A global interest rate shock is underway

As a result of annual inflation rates surprising on the high side overseas, recent renewed increases in energy prices, and rising food prices because of Russia’s blockade of Ukrainian ports, central banks have all but pressed the panic button.

Zoomed out shot of a city, lightning strike
03 June 2022

A new 'least regrets' policy from the Reserve Bank of NZ

On May 25, the Reserve Bank of New Zealand told us that they have decided to implement a new “least regrets” policy which is completely the opposite of the one from 2020.

Person holding out empty pockets
23 May 2022

Shorter fixed term mortgage rates preferred

I sometimes struggle to remain polite when journalists ask me if the rising rates environment means now is a good time to fix for a number of years in order to avoid future rate rises. The simple answer? No, it is not the right time.

Hands, ruler, person measuring and drawing with pencil
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 expectation of the Reserve Bank taking the official cash rate to 4%. That is 1% more than I think the cash rate will go.

Two hands exchanging playing cards