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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.

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25 October 2024

Why you shouldn’t rush to fix (or refix) your mortgage in a falling rate environment

It's not in the bag yet, but most are picking another big OCR reduction in November—so, by opting to float in the short-term, borr...

Light in the shape of a large question mark in a dark tunnel
16 October 2024

Could we see three-year fixed rates at 4.95% by Christmas?

Lenders were quick to drop their floating rates in response to last week's 0.50% OCR reduction, and we're starting to see the bene...

Man rollerblading down a skate ramp
10 October 2024

Bumper cut takes OCR down to 4.75%

On 9th October, the RBNZ stepped up the pace on rate reductions, announcing a 0.50% cut to the OCR. Here's what that means for mor...

03 October 2024

Competition likely to heat up amongst the banks following next OCR cut

It's looking increasingly likely that next week's OCR announcement could bring a 0.50% reduction, tipping one-year fixed rates below 6%—so how long should borrowers be fixing for in this environment?

Close up shot of two brown goats locking horns
26 September 2024

Why opting to float may make sense in the current environment

With further interest rate cuts in the pipeline before Christmas, it may be worth holding off on refixing—and opting to float instead.

Man floating in the ocean or a lake reading a book
19 September 2024

Are we on track for one-year fixed mortgages rates below 6%?

With the widespread expectation being that we're headed for another 0.25% OCR decrease in October, that could put us on track for one-year rates below 6%. Here's what that means for borrowers right now.

Woman in orange shirt and black pants running on track field
11 September 2024

With further rate cuts around the corner, the question becomes—to fix or float?

With two further OCR cuts expected before the end of the year, we could see one-year rates drop below 6% going into Christmas—so what does that mean for mortgage borrowers?

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Keen for the best rate and some cash too?

We've teamed up with award winning mortgage experts, Squirrel.

With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

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Ryan

New Zealand

five star revews

The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.

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Jo

New Zealand

five star revews

Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

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