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Results: RBNZ

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20 November 2024

With our next OCR cut around the corner, the time to fix is almost here

We're just a week away from our final OCR announcement of the year, which is expected to bring a 0.50% reduction. If you've been h...

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12 November 2024

A broader look at interest rates, the NZ housing market and economy

Between US politics and NZ's last OCR verdict of the year coming up, November's shaping up to be a big month. Here's a broad look ...

Young woman leaning out a car window looking over her shoulder
25 October 2024

Why you shouldn’t rush to fix (or refix) your mortgage in a falling rate environment

It's not in the bag yet, but most are picking another big OCR reduction in November—so, by opting to float in the short-term, borr...

16 October 2024

Could we see three-year fixed rates at 4.95% by Christmas?

Lenders were quick to drop their floating rates in response to last week's 0.50% OCR reduction, and we're starting to see the benefit flow through to fixed rates as well. So, what's the outlook from here?

Light in the shape of a large question mark in a dark tunnel
10 October 2024

Bumper cut takes OCR down to 4.75%

On 9th October, the RBNZ stepped up the pace on rate reductions, announcing a 0.50% cut to the OCR. Here's what that means for mortgage borrowers and interest rates.

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03 October 2024

Competition likely to heat up amongst the banks following next OCR cut

It's looking increasingly likely that next week's OCR announcement could bring a 0.50% reduction, tipping one-year fixed rates below 6%—so how long should borrowers be fixing for in this environment?

Close up shot of two brown goats locking horns
26 September 2024

Why opting to float may make sense in the current environment

With further interest rate cuts in the pipeline before Christmas, it may be worth holding off on refixing—and opting to float instead.

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New Zealand

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New Zealand

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