Results: Mortgage Rates

Calculator, laptop and cash on table
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...

Young woman in supermarket
17 June 2021

Rising global inflation risks

History tells us that ahead of the 2008-09 Global Financial Crisis we economists under-predicted how high interest rates would nee...

Man rock climbing
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 yea...

06 May 2021

How stronger employment could impact interest rates next year

Unlike overseas central banks, ours has never placed a timeline on its low interest rate policy, instead making any rate change conditional on the achievement of its key targets. Let's explore what those targets are and where they're at.

23 April 2021

Two triggers for rate rises

At some stage banks will raise their fixed lending rates to avoid locking in lending at low margins for a number of years. There are two potential triggers for these rate rises, according to Economist Tony Alexander

29 March 2021

Fixed rate rises delayed for now

A couple of weeks ago, discussions centred around increases in bank borrowing costs and rapidly decreasing margins on fixed rate mortgage lending. The chances of that have now decreased, but rate rises are still on the cards before the middle of the year.

11 February 2021

New borrowers will pay more

If borrowers are approaching taking on a new mortgage with a view (conscious or not) that rates tend to fall over time and debt management is made easy, they had best think again.