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.
Global recognition for Kiwi mortgage fintech firm
Mortgage fintech company Valocity, whose platform links borrowers, advisers and banks with property valuers, has been nominated for a prestigious global technology award.
What the bank said: OCR unchanged and downside risks remain
As expected the Reserve Bank kept the Official Cash Rate at its record low. The central bank says downside risks to the economy remain and the OCR will stay at "an expansionary level for a considerable period". Here's what RBNZ said in full:
OCR reaction: cut less likely and rates to stay low
Economists believe the Reserve Bank has adopted a slightly more hawkish stance on the OCR, but say the unchanged forecast suggests a continued low interest rate environment.
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