Results: Floating rates
Could we see three-year fixed rates at 4.95% by Christmas?
Lenders were quick to drop their floating rates in response to last week's 0.50% OCR reduction, and we're starting to see the bene...
Bumper cut takes OCR down to 4.75%
On 9th October, the RBNZ stepped up the pace on rate reductions, announcing a 0.50% cut to the OCR. Here's what that means for mor...
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 bel...
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?
Interest rates settle as market awaits next OCR announcement
Interest rates have stabilised over the last week, but with two further OCR cuts expected before the end of the year, here's what that means for borrowers.
RBNZ cuts OCR by 0.25%, lower rates officially on the way
We're officially in a falling rate environment, after the Reserve Bank delivered a 0.25% cut to the Official Cash Rate this week, taking it from 5.5% to 5.25%.
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.
Katie
New Zealand
Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.
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New Zealand
Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.