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.
Inflation remains a thorn in the economy's side
The Reserve Bank is unlikely to be feeling that the 5.5% level they took their official cash rate to in May is generating excessive downward pressure on inflation in the country. So could they be thinking about tightening again as some still predict?
Two giants and their impact on NZ
The Reserve Bank has kept the official cash rate at 5.5%, but the outlook on interest rates is still clouded. And now, the future of our housing market might be shaken up by two giants from the other side of the globe: China, and the U.S.
Interest rates: A puzzle of uncertainty
On August 16, the Reserve Bank will review their 5.5% official cash rate. It's extremely likely that they'll choose to remain at 5.5%, according to Tony Alexander — but what does this really mean for interest rates?
Reserve Bank puts an end to the OCR hikes – but challenges still lay ahead
The Reserve Bank remains confident there is no need to increase the OCR further — but when will mortgage interest rates begin to fall? New borrowers are still feeling the crunch too, with bank test rates often higher than 9%.
Keen for the best rate and some cash too?
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New Zealand
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New Zealand
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