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.
A quick overview of the market
Since last week’s decision to keep the OCR unchanged at one percent, we haven’t seen much of a shift in the market.
Is it worth breaking your fixed loan while interest rates are low?
While rates are at record lows, Kiwis who have locked in a fixed rate mortgage at a higher rate might be asking if it’s worth breaking and fixing at a new rate?
Bank lending restrictions easing
After the Reserve Bank’s recent decision to keep the Official Cash Rate at one percent, it looks like there could be more good news on the way for borrowers.
Kiwibank's surprise rate change
As of this Monday (18th November), Kiwibank are dropping their one-year rate to 3.39% and increasing to their two-year fixed rate to 3.55%.
