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.
OCR reduced to 8.00%
The Reserve Bank today reduced the official cash rate (OCR) from 8.25% to 8.00%.
NZ central bank to cut rates in next 3 months
The Reserve Bank of New Zealand is likely to cut interest rates in the next three months as growing evidence of a slump in economic growth outweighs concern about speeding inflation.
Home loan approval rates falling sharply
The number of housing loans approved by banks each week has been dropping sharply, a new experimental Reserve Bank data series shows.
Home loan report: Rollercoaster rates
Borrowers face renewed uncertainty over the future direction of home loan rates following events of recent days in New Zealand and overseas. The general direction of rates is still downward but the descent looks set to include some hairpin bends.
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New Zealand
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New Zealand
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