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.
What the RBNZ said today
The Official Cash Rate (OCR) remains at 1.75%. We expect to keep the OCR at this level through 2019 and into 2020.
Job numbers 'cast doubt' on future OCR cut
Today's stronger than expected job numbers add further weight against the argument for an OCR cut, economists say.
Regulators’ report puts spotlight on intermediaries
The FMA and Reserve Bank report into banking conduct and culture has raised concerns about the relationship between banks and intermediaries, in a warning sign for mortgage advisers.