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Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
With interest rates on a downward slope, beware of fixing longer-term
Bank mortgage rates have been tracking downwards in the wake of the RBNZ's OCR cut. With longer-term rates sitting much lower than shorter-term fixed rates, borrowers need to be wary of that temptation.
RBNZ cuts OCR by 0.25%, lower rates officially on the way
We're officially in a falling rate environment, after the Reserve Bank delivered a 0.25% cut to the Official Cash Rate this week, taking it from 5.5% to 5.25%.
Wholesale rates continue to fall—when will that flow through to mortgage rates?
Wholesale rates are still tracking down in response to ongoing weak economic data in New Zealand, and recent concerns that the US may be headed into recession. So what does that mean for mortgage rates?
With wholesale rates tracking down, OCR falls could come sooner than later
Wholesale rates have fallen steadily in recent weeks, reflecting the market's prediction of rate falls in November—if not sooner. What does that mean for anyone refixing their mortgage right now?
Keen for the best rate and some cash too?
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing.
Katie
New Zealand
Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.
Martin
New Zealand
Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.