Mortgage rates

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

Annual inflation rises to 3.1% in the December quarter - with electricity, rent, local government rates continuing to drive the increase

Annual inflation rises to 3.1% in the December quarter - with electricity, rent, local government rates continuing to drive the increase

Did your mortgage broker 'suggest' shifting to a floating mortgage rate now in preparation for lower fixed rates in the future would be a good idea? You might want to re-think the quality of that 'suggestion'

Did your mortgage broker 'suggest' shifting to a floating mortgage rate now in preparation for lower fixed rates in the future would be a good idea? You might want to re-think the quality of that 'suggestion'

ANZ's economists expect interest rates to bottom out late this year/early next year, suggesting borrowers need to start thinking about fixing mortgages to lock in lower rates

ANZ's economists expect interest rates to bottom out late this year/early next year, suggesting borrowers need to start thinking about fixing mortgages to lock in lower rates

Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month

Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month

Annual inflation rises to 3% in the September quarter, with the increase driven by electricity, rent and local authority rates and payments

Annual inflation rises to 3% in the September quarter, with the increase driven by electricity, rent and local authority rates and payments

The OCR could rise to 4% by 2027 as the Reserve Bank risks reigniting inflation through aggressive rate cuts, market economists say

The OCR could rise to 4% by 2027 as the Reserve Bank risks reigniting inflation through aggressive rate cuts, market economists say

RBNZ chief economist acknowledges being nervous that inflation could get embedded in peoples' expectations

RBNZ chief economist acknowledges being nervous that inflation could get embedded in peoples' expectations

Reserve Bank says it sees little risk of inflation and is willing to keep cutting interest rates even with inflation near 3%

Reserve Bank says it sees little risk of inflation and is willing to keep cutting interest rates even with inflation near 3%