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.
Analysis falls in favour of fixing two or three years
BNZ has adopted a central rate hike scenario of the peak being 5.5% instead of 6%, with one pause in the cycle in January and another in June next year as a result of yesterday's Reserve Bank statement and recent events.
PRESS RELEASE: RBNZ raises OCR to 3%
The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3%.
Floating rates to rise but not as fast or far as expected
While floating rate mortgages will rise again thanks to Reserve Bank governor Alan Bollard, the good news is they probably won't rise as much or as fast as previously expected.
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New Zealand
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New Zealand
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