Mortgage rates

BNZ chief economist expects floating mortgage rates to hit 7% next year, house prices to remain flat this year, maybe rise 3% next year

BNZ chief economist expects floating mortgage rates to hit 7% next year, house prices to remain flat this year, maybe rise 3% next year

Although the latest CPI inflation data wasn't as worrying as it could have been, economists still see more OCR increases ahead

Although the latest CPI inflation data wasn't as worrying as it could have been, economists still see more OCR increases ahead

Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'

Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'

The popularity of floating rate mortgages continues to decline as interest rates rise

The popularity of floating rate mortgages continues to decline as interest rates rise

Despite the first Official Cash Rate increase in three years, ANZ NZ, ASB, BNZ and Kiwibank have left their mortgage serviceability test rates unchanged

Despite the first Official Cash Rate increase in three years, ANZ NZ, ASB, BNZ and Kiwibank have left their mortgage serviceability test rates unchanged

‘I made an assessment on how I see these two forces.’ RBNZ Governor Anna Breman on her casting vote in May's OCR review

‘I made an assessment on how I see these two forces.’ RBNZ Governor Anna Breman on her casting vote in May's OCR review

ANZ NZ says short term mortgage rates are cheaper but the certainty provided by longer term rates has value in the current economic climate because 'things could change quickly'

ANZ NZ says short term mortgage rates are cheaper but the certainty provided by longer term rates has value in the current economic climate because 'things could change quickly'

Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter

Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter

House prices at the bottom of the market and mortgage interest rates combined in a double whammy for first home buyers in February

House prices at the bottom of the market and mortgage interest rates combined in a double whammy for first home buyers in February

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected

Even as banks start to raise mortgage rates again, the yields on outstanding mortgages are continuing to drop, albeit slowly

Even as banks start to raise mortgage rates again, the yields on outstanding mortgages are continuing to drop, albeit slowly

BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week

BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week

Westpac's Imre Speizer says significantly higher Australian cash rate shouldn't directly impact NZ rates if its cause is Aussie specific

Westpac's Imre Speizer says significantly higher Australian cash rate shouldn't directly impact NZ rates if its cause is Aussie specific

BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one

BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one

‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures

‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures