Results: Floating rates
Competition keeping mortgage rates in check, despite rise in wholesale rates
Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow sui...
Another OCR cut in the bag—and we're almost at the bottom of the rate cycle
The Reserve Bank dropped the OCR by a further 0.25% this week, down to 3.25%—meaning we're now within reaching distance of the bot...
Another OCR drop expected—will mortgage rates follow suit?
We're a week out from our next OCR announcement on 28 May, and the expectation is that we're in for another 0.25% cut from the RBN...
Rates still dropping, but some terms don't have much further to go
Now that the two-year rate is sitting below 5%—with most banks offering 4.99%—that's pretty close to where things are expected to settle in the long-term.
Borrowers favouring two-year term in wake of latest rate cuts
With most lenders now offering two-year fixed rates of 4.99%, borrowers have been flocking to the two-year term in droves. Does it still make sense to fix shorter-term in the current environment?
Two-year fixed rates dip below 5%
A flurry of rate cuts following last week's OCR announcement has seen two-year fixed mortgage rates finally break the sub-5% mark. Here's what the news means for borrowers.
With rates expected to track further downwards, is it better to fix or float?
As we gear up for our first OCR announcement of the year on 19 February—expected to bring a 0.50% cut—here's what that means for mortgage rates and Kiwi borrowers.
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