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.
Latest figures confirm house prices soften
Annual growth in house prices nationally in February was steady at 13.5% although the average sale price jumped 5.9% from January to $289,740, the latest Quotable Value figures show.
Bollard raises rates, leaves the door open for more
Reserve Bank governor Alan Bollard has chosen the hawkish option, raising interest rates again and not ruling out the possibility of further hikes while emphasising that inflation pressures are stronger than expected.
Reserve Bank increases OCR to 6.75%
The Reserve Bank has increased the Official Cash Rate (OCR) by 25 basis points to 6.75%
Chances of rate rise increasing
Economists are divided as to whether the Reserve Bank will raise interest rates on Thursday with a narrow majority expecting no change.
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New Zealand
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New Zealand
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