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.

Green shoot from pebbles
09 April 2021

Improving growth outlook will eventually lift fixed rates

The chances remain high that in coming weeks we will start to see banks in New Zealand edging some of their fixed rates slightly h...

Flight details board at Airport
29 March 2021

Fixed rate rises delayed for now

A couple of weeks ago, discussions centred around increases in bank borrowing costs and rapidly decreasing margins on fixed rate m...

Stopwatch on brown table
18 March 2021

Fixed mortgage interest rates on a timer

Wholesale interest rates in NZ fell to record low levels around October last year. Since then however, we have seen a radical shif...

25 February 2021

OCR remains unchanged, RBNZ to keep monetary policy steady

There's no reason for strongly believing that we face a future of sustained high inflation which will require an interest rate crunch. But borrowers should pay attention to the upside risks and the extreme uncertainty regarding how far and fast rates rise.

11 February 2021

New borrowers will pay more

If borrowers are approaching taking on a new mortgage with a view (conscious or not) that rates tend to fall over time and debt management is made easy, they had best think again.

03 February 2021

Higher interest rates for property investors unlikely

Reserve Bank decide it will help first home buyers by slugging investors regardless of their risk profile? No; they are not charged with social engineering. If the Government wants to bias the housing market, it will need to make its own changes.

18 January 2021

Shifting interest rate risks

Welcome to 2021 and another year when in all probability house prices will continue to rise at a strong pace, with a key driving factor continuing to be record low interest rates.