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.
More rate rises happening
Weekly Home Loan Report: The trend for rising home loan rates has continued over the past week and it looks like they will keep rising for a while longer until falls begin again.
Westpac changes its home loan strategy
Westpac New Zealand has come through the mortgage market price war much better than everyone else expected, although it has been through "some absolute highs and lows," says chief executive Ann Sherry.
Reserve Bank leaves rates unchanged and rules outs any cuts this year
As expected, Reserve Bank governor Alan Bollard left his official cash rate (OCR) unchanged and ruled out any rate cuts this year.
Economists divided on when to expect rate cuts
Economists are not expecting the Reserve Bank to cut the official cash rate this week, and they have a range of views about when the bank will start to ease monetary policy.
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New Zealand
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