Results: Interest Rates
Strong growth is a key factor driving higher interest rates
The bounceback in economic activity in New Zealand since the first nationwide lockdown last year has been so strong that the unemp...
Rate rises delayed but with upside risk
Borrowers could reasonably expect higher rates at their peaks, but not necessarily a faster speed of increase. Our central bank ha...
Three decades of falling interest rates are over
New Zealand has had a period of falling inflation and interest rates for over three decades. That period has now ended and both will be rising.
How the OCR could double monthly mortgage interest payments
If the official cash rate gets raised from 0.25% to 2.25%, we can anticipate that the one-year fixed rate to go from the current 2.19% to probably close to 4.5% when we allow for banks recovering some of their currently very low lending margins.
Are Kiwis set to head back over the ditch?
Last week the Reserve Bank did something they have not done for a long time. In their regular Monetary Policy Statement they published a set of forecasts for where they see interest rates going.
Mortgage interest rates are set to rise
In New Zealand the current general expectation is that this removal of the sugar bowl will commence in the second half of next year. One or two forecasters are suggesting the first half.