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.
More mortgages now qualify for KiwiSaver
More mortgages will qualify for payment through KiwiSaver as a result of changes announced by the Government.
Bollard cuts rates more than expected
Reserve Bank governor Alan Bollard surprised the market with a bigger-than-expected interest rate cut, citing a marked slowdown in household spending and a deteriorating global economy.
OCR cut to 7.5%
The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points from 8.0% to 7.5%.
OCR reduced to 5%
The Reserve Bank today reduced the official cash rate (OCR) from 6.5% to 5.0%.
Keen for the best rate and some cash too?
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New Zealand
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New Zealand
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