Results: OCR
Rumour mill: Will banks reduce their test interest rates?
There’s currently much speculation about whether banks will reduce their test interest rates in 2020. What would be the impact if ...
Change in the wind - an economic update
It wasn’t that long ago that most economists and experts were expecting the OCR to be as low as 0.25% by the end of 2020.
Will mortgage rates drop in 2020?
Mortgage rates remain at historic lows following the Reserve Bank’s decision to leave the official cash rate unchanged at 1.00% in...
Guest post: Property and mortgage rate outlook for 2020
Squirrel's CEO John Bolton gives his latest property market insights, as well as a prediction of what mortgage rates will be doing next year.
A quick overview of the market
Since last week’s decision to keep the OCR unchanged at one percent, we haven’t seen much of a shift in the market.
Is it worth breaking your fixed loan while interest rates are low?
While rates are at record lows, Kiwis who have locked in a fixed rate mortgage at a higher rate might be asking if it’s worth breaking and fixing at a new rate?
Bank lending restrictions easing
After the Reserve Bank’s recent decision to keep the Official Cash Rate at one percent, it looks like there could be more good news on the way for borrowers.
