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Results: Interest Rates

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10 September 2021

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...

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26 August 2021

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...

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13 August 2021

Mortgage rates are going up

On Wednesday 18 August the Reserve Bank will review the record low 0.25% official cash rate set in place back in March 2020 when w...

16 July 2021

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.

Toy houses on stacks of coins
02 July 2021

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.

Calculator, laptop and cash on table
02 June 2021

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.

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25 May 2021

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.

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