News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Next OCR verdict expected to tip one-year rates to down around 4.50%
Next week's OCR announcement is expected to bring either a 0.25% or 0.50% reduction—which should be enough to get the one-year rat...
Interest rates set to drop as GDP result sparks calls for 0.5% OCR cut
Our latest GDP numbers caught everyone off-guard. And with some now calling for a 0.5% OCR cut on 8 October, interest rates are ex...
GDP back in the red—strengthening case for October OCR cut
Every few days, it seems, we’re being hit with a fresh wave of weak economic data—with the latest being the June 2025 quarter GDP ...
New OCR track sets short-term rates on the path to 4.50%
With the RBNZ now forecasting the OCR to get down to 2.50%—0.50% lower than previously expected—shorter-term rates should still have further to fall. Here's what the news means for borrowers.
RBNZ drops OCR to 3.00%—and it's not done yet
And just like that, we're back at 3.00%—but in a somewhat unexpected twist, the RBNZ has signaled significant OCR cuts still to come, getting us down to 2.50% either later in 2025 or early 2026.
Banks preemptively cut one- and two-year rates ahead of OCR verdict
We're a week out from our next OCR announcement, but the banks are already making moves—with all major lenders having dropped their one- and two-year rates in recent days.
Another 0.25% cut expected—but will the RBNZ signal more in the pipeline?
Wholesale interest rates have fallen over the last few days in response to market expectations of a 0.25% cut on 20 August—but more importantly, what does the RBNZ's forecast have in store?
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