Results: Floating rates
With our next OCR cut around the corner, the time to fix is almost here
We're just a week away from our final OCR announcement of the year, which is expected to bring a 0.50% reduction. If you've been h...
A broader look at interest rates, the NZ housing market and economy
Between US politics and NZ's last OCR verdict of the year coming up, November's shaping up to be a big month. Here's a broad look ...
Why you shouldn’t rush to fix (or refix) your mortgage in a falling rate environment
It's not in the bag yet, but most are picking another big OCR reduction in November—so, by opting to float in the short-term, borr...
Competition likely to heat up amongst the banks following next OCR cut
It's looking increasingly likely that next week's OCR announcement could bring a 0.50% reduction, tipping one-year fixed rates below 6%—so how long should borrowers be fixing for in this environment?
Why opting to float may make sense in the current environment
With further interest rate cuts in the pipeline before Christmas, it may be worth holding off on refixing—and opting to float instead.
Are we on track for one-year fixed mortgages rates below 6%?
With the widespread expectation being that we're headed for another 0.25% OCR decrease in October, that could put us on track for one-year rates below 6%. Here's what that means for borrowers right now.
With further rate cuts around the corner, the question becomes—to fix or float?
With two further OCR cuts expected before the end of the year, we could see one-year rates drop below 6% going into Christmas—so what does that mean for mortgage borrowers?
Keen for the best rate and some cash too?
We've teamed up with award winning mortgage experts, Squirrel.
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New Zealand
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New Zealand
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