Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Rate cuts are likely to be short term only
Margins are below average for terms of three years and longer. This tell us that unless there's a change in borrowing costs, anyone holding out for further falls in rates is taking quite a gamble.
Banks yet to come to the party
The RBNZ recently removed loan-to-value ratio rules, but banks are yet to pass this on to home buyers. In fact, borrowers are having to jump through more hoops than usual.
Guest post: The next housing boom
Squirrel's CEO John Bolton says that after a short hiatus and a 5%-10% fall in house prices, we could stretch into what might be the last great housing boom. Here's why.
A six-decade journey for NZ interest rates
About three-quarters of all residential properties in New Zealand have a mortgage over them, amounting to almost $300 billion. So, what happens with interest rates can have a big impact on the willingness and ability of most Kiwis to spend and save.