Results: Mortgage Rates

Shifting interest rate risks
Welcome to 2021 and another year when in all probability house prices will continue to rise at a strong pace, with a key driving f...

Record low rates will one day end
Let’s have a look back at the year and what has happened in the area of interest rates, and where things are likely to go.

Have we all been wrong about interest rates remaining low?
Virtually everybody taking out a mortgage at the moment is fixing their interest rate for a one-year period. The trouble with this...
Low interest rates and high house prices
The commonly accepted view is that New Zealand house prices have soared 500% since 1992 because of insufficient construction. This is not true.
Central banks are going to keep interest rates low
There are three central banks whose comments and policies are of high importance to interest rate movements and prospects in New Zealand. Most important is our own Reserve Bank, the United States Federal Reserve Board, and the Reserve Bank of Australia.
Will 11% Mortgage Rates Return?
Over the June quarter of this year the average interest rate paid by someone with a mortgage was 4.2%. This was down from 4.9% one year ago, 7.1% ten years ago, 8.8% 20 years ago, and 15.6% almost 30 years ago. Could we see those high numbers again?
A shift in longer term rates
ASB is the latest bank to drop their 4 and 5 year mortgage rates below 3%, joining BNZ and Westpac at 2.99% and it won't be long before the other banks follow suit.