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.
Monetary policy to tighten before it loosens again
the fixed rate costs to banks of borrowing money to lend at fixed interest rates have soared in recent weeks. That is why we are still seeing fixed mortgage rates go up even though they have already risen a lot since this time a year ago
Mortgage rates still yet to peak
An analyst was quoted recently saying she believes fixed mortgage rates are already at their peaks. I can see where she's coming from, but borrowers should contain their excitement for a while longer because chances are that further rises will come.
Interest rates not just rising in New Zealand
In the United States this week we have seen the Federal Reserve Board raise their key interest rate by 0.25% with a target range now of 0.25% to 0.5%.
Inflation outlook gets worse, and better
It looks like inflation in New Zealand this year is going to be perhaps 1% higher than thought just a few weeks ago as a result of Russia’s invasion of Ukraine.
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New Zealand
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New Zealand
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