Capital Requirements to increase in 2020
Today the Reserve Bank of New Zealand announced their final decision to increase the capital requirement for banks.
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.
Loan-to-value restrictions to remain the same - RBNZ
Reserve Bank Governor Adrian Orr has stated that financial system vulnerabilities remain elevated and more effort is required to e...
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 November 2019. The question is, will they drop even further?
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?