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Results: Mortgage Rates

Young man sitting on the ground against a pink background, holding a wall clock in his hands.
04 September 2024

Interest rates settle as market awaits next OCR announcement

Interest rates have stabilised over the last week, but with two further OCR cuts expected before the end of the year, here's what ...

Round yellow "CAUTION!" sign painted on concrete
29 August 2024

With interest rates on a downward slope, beware of fixing longer-term

Bank mortgage rates have been tracking downwards in the wake of the RBNZ's OCR cut. With longer-term rates sitting much lower than...

Two pairs of feet resting
15 August 2024

RBNZ cuts OCR by 0.25%, lower rates officially on the way

We're officially in a falling rate environment, after the Reserve Bank delivered a 0.25% cut to the Official Cash Rate this week, ...

08 August 2024

Wholesale rates continue to fall—when will that flow through to mortgage rates?

Wholesale rates are still tracking down in response to ongoing weak economic data in New Zealand, and recent concerns that the US may be headed into recession. So what does that mean for mortgage rates?

Wooden mannequin holding a question mark
01 August 2024

With wholesale rates tracking down, OCR falls could come sooner than later

Wholesale rates have fallen steadily in recent weeks, reflecting the market's prediction of rate falls in November—if not sooner. What does that mean for anyone refixing their mortgage right now?

Two women walking down a spiral staircase
25 July 2024

Is interest rate relief on the horizon?

According to bank economists, rate falls are now pretty much a given by November—but ahead of our next OCR announcement, on 14th August, there's a growing argument it could happen even sooner.

Sun setting on the horizon
18 July 2024

Inflation tracking as hoped, market still anticipating OCR fall in November

Weak economic data continues to pour in, and with the latest inflation figures coming in lower than expected, it looks increasingly like interest rate falls are on the cards for late 2024

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Keen for the best rate and some cash too?

We've teamed up with award winning mortgage experts, Squirrel.

With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing.

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Katie

New Zealand

five star revews

Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.

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Martin

New Zealand

five star revews

Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.

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