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Results: Mortgage advice

Hands holding phone showing rates graph
03 August 2022

Rates increasingly look like they have peaked

Inflation numbers have come out higher than expected offshore so expectations have grown that central banks will continue to raise...

Woman crying, calculator and money on table
15 July 2022

Monetary policy still tightening

Two weeks ago I wrote about how fixed mortgage rates for periods of two years and beyond may be at or very close to their peaks th...

Person standing on peak of mountain
30 June 2022

Mortgage rates near their peaks

Banks have recently increased their fixed mortgage rates in response to a jump in the wholesale interest rates at which they thems...

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.

Man rock climbing
18 January 2021

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 factor continuing to be record low interest rates.

Child playing jenga
01 October 2020

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.

Straight, long road surrounded by trees
20 April 2020

Does a mortgage holiday affect your credit score?

During the lockdown, many New Zealanders financially affected by Covid-19 have been taking up the banks' offers of going on a mortgage holiday (also referred to as a repayment deferral).

Coins in a vice, sitting on a calculator