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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.

27 September 2021

Rising inflation risks

The Reserve Bank delivered some good and bad news for borrowers last week. In the wake of the latest lockdown, interest rates will only rise slowly. The bad news is last time they raised them slowly, they peaked higher than if they had moved quickly.

Potato and money balancing on calculator
10 September 2021

Strong growth is a key factor driving higher interest rates

The bounceback in economic activity in New Zealand since the first nationwide lockdown last year has been so strong that the unemployment rate has fallen back to the 4% level it was at when we entered that March – May lockdown.

Seedlings growing in soil
26 August 2021

Rate rises delayed but with upside risk

Borrowers could reasonably expect higher rates at their peaks, but not necessarily a faster speed of increase. Our central bank has an established long-term record of too often tightening monetary policy too slowly.

"Expect delays" traffic sign
13 August 2021

Mortgage rates are going up

On Wednesday 18 August the Reserve Bank will review the record low 0.25% official cash rate set in place back in March 2020 when we were heading into the economic and health unknown

Piggy bank with coins on table