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Young kid standing against a blue background giving double thumbs up
21 August 2025

RBNZ drops OCR to 3.00%—and it's not done yet

And just like that, we're back at 3.00%—but in a somewhat unexpected twist, the RBNZ has signaled significant OCR cuts still to co...

Small dog digging a hole
14 August 2025

Banks preemptively cut one- and two-year rates ahead of OCR verdict

We're a week out from our next OCR announcement, but the banks are already making moves—with all major lenders having dropped thei...

Hand doing crossed fingers signal against an orange background.
07 August 2025

Another 0.25% cut expected—but will the RBNZ signal more in the pipeline?

Wholesale interest rates have fallen over the last few days in response to market expectations of a 0.25% cut on 20 August—but mor...

27 January 2023

Be wary of the five year fix

Inflation has peaked, and with business and consumer confidence readings at appallingly low levels the weakness in the economy this year will see inflation fall away. But can we safely say that fixed interest rates have peaked as well?

Couple working out finances
17 January 2023

Have most fixed mortgage rates already peaked?

The new year of 2023 is upon us and the big concern for people who did not lock their mortgage interest rate in for five years when rates were 3% or thereabouts over 2020-21 is how much higher fixed rates will go as the year progresses.

Board with 'When will it end?" displayed
16 December 2022

Fixed rates are most likely at their peaks

I am 90% confident that fixed rates are now at their cyclical peaks. The chances are very strong that the fixed rates for two years and beyond will be falling before the middle of 2023. - Tony Alexander, economist

Rear view of man standing on mountain peak
03 August 2022

Rates increasingly look like they have peaked

Inflation numbers have come out higher than expected offshore so expectations have grown that central banks will continue to raise their interest rates at a rapid pace. But therein lies some important information.

Hands holding phone showing rates graph

Keen for the best rate and some cash too?

We've teamed up with award winning mortgage experts, Squirrel.

With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.

J

Jo

New Zealand

five star revews

Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

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