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.
Are Kiwi households tightening up spending habits enough?
For Kiwi borrowers, times are tough and by necessity set to get tougher for those with rates rolling off in the next few months. With the chance of the Reserve Bank nudging the OCR higher by a final 0.25%, should Kiwis be fearing the worst?
Finally some good inflation news
The 6.7% rise in consumer prices in the year to March was lower than the 7.1% commonly expected in the financial markets and importantly the 7.3% expected by the Reserve Bank.
Monetary policy tightening may finally have peaked
The Reserve Bank conducted their regular review of New Zealand’s official cash rate this week and rather than increase it by the widely expected 0.25% they took it up by 0.5%.
The sting from inflation and monetary policy continues
There remains massive uncertainty regarding where inflation is headed in this unique post-pandemic environment. So when will it really end?