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 week of big news in interest rates and the New Zealand housing market
On the same day as the OCR announcement, the government announced the axing of the first home grant. So what does this mean for first home buyers?
The Reserve Bank plays deaf to economic distress signals
House prices are falling, and both household confidence and job security are on the decline. The state of the economy is becoming increasingly poor — so when will the Reserve Bank finally stop over-restricting it?
Jobs growth in New Zealand has hit a roadblock
Wholesale interest rates in NZ have increased in recent months, and there has essentially been no jobs growth in New Zealand since the middle of last year. So will this weakening in the labour market continue?
Inflation's backing down, but it's still got a way to go
If borrowers are hoping that the just-announced fall in the country’s rate of inflation to a four year low of 4.0% from the 2022 peak of 7.3% will bring interest rate cuts, they might need to think again.
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New Zealand
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New Zealand
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