Results: Interest Rates
More rate cuts - an update
Westpac and BNZ have joined the rate war this week, dropping their one-year term to 3.09%. This seems to be the new norm.
Post OCR slash: mortgage rate update
It's been two days since the emergency OCR cut, which saw our already low rate go from 1% to 0.25%. So how does this translate int...
Mortgage rate update
Despite the next OCR announcement being a couple of weeks away still, it seems that banks are already starting to lower their mortgage rates in anticipation of a cut.
Entering 2020: a market update
With 2020 now underway, we haven’t seen many changes with most still on holiday mode. Here’s what we’ve noticed in the past week.
OCR: predictions for 2020
As we draw closer to the end of 2019, we’re hearing a change in tune from experts about what’s in store for the OCR in 2020.
Rumour mill: Will banks reduce their test interest rates?
There’s currently much speculation about whether banks will reduce their test interest rates in 2020. What would be the impact if they do?