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.
Kiwibank launches capped floating rate and hikes short-term rates
Kiwibank is launching a capped floating rate option tomorrow priced at 6.50% for one year and it has also raised its short term rates.
RBNZ finally gets a response
If ASB had not kicked off mortgage rate increases yesterday, then the Reserve Bank would have started thinking in terms of boosting the Official Cash Rate (OCR) 0.5% in July simply to force the response it wants, says BNZ economist Tony Alexander.
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New Zealand
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New Zealand
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