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.
Reserve Bank hits the pause button, holding the OCR at 3.25%
The RBNZ hit pause on rate cuts on 9 July—holding the OCR steady at 3.25%—citing signs of life in the economy, and overseas factor...
To cut or hold? Predictions mixed for RBNZ’s next OCR announcement
Interest rates are in a holding pattern right now, as we wait to see what the RBNZ has in store for us on 9 July. While some are e...
Mortgage rates trucking along as is for now
It's all looking pretty quiet on the interest rates front at the moment. While shorter-term rates are expected to fall a little fu...
Competition keeping mortgage rates in check, despite rise in wholesale rates
Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow suit. But growing competition among the banks is helping keeping fixed rates in check.
Another OCR cut in the bag—and we're almost at the bottom of the rate cycle
The Reserve Bank dropped the OCR by a further 0.25% this week, down to 3.25%—meaning we're now within reaching distance of the bottom of the interest rate cycle. Here's what it all means for mortgage rates and borrowers.
Another OCR drop expected—will mortgage rates follow suit?
We're a week out from our next OCR announcement on 28 May, and the expectation is that we're in for another 0.25% cut from the RBNZ—taking us down to 3.25%.
Why now is a good time to be thinking about splitting your mortgage
Shorter-term rates are expected to get down to around 4.50% in the coming months—while longer-term rates will likely remain relatively stable. Here's why splitting your loan makes sense right now.
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