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.

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...

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...

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...
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.
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.
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.
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.