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.
The future of interest rates hinges on RBNZ's next forecast
It's all pretty quiet on the interest rates front, as we await our next OCR announcement on 20 August. But it's not the OCR verdict that we'll be watching—it's the RBNZ's updated forecast.
Opposing forces leave OCR outlook uncertain
On the one hand, the NZ economy still isn't in great shape. On the other, offshore uncertainty is causing concern around the future of inflation. So, what does that mean for the OCR in the coming months?
Reserve Bank hits the pause button, holding the OCR at 3.25%
The RBNZ hit pause on rate cuts on 9 July—holding the OCR steady at 3.25%—citing signs of life in the economy, and overseas factors causing concern.
To cut or hold? Predictions mixed for RBNZ’s next OCR announcement
Interest rates are in a holding pattern right now, as we wait to see what the RBNZ has in store for us on 9 July. While some are expecting another 0.25% cut, many are expecting the RBNZ to hold at 3.25%.
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