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.
The Reserve Bank plays deaf to economic distress signals
House prices are falling, and both household confidence and job security are on the decline. The state of the economy is becoming increasingly poor — so when will the Reserve Bank finally stop over-restricting it?
Jobs growth in New Zealand has hit a roadblock
Wholesale interest rates in NZ have increased in recent months, and there has essentially been no jobs growth in New Zealand since the middle of last year. So will this weakening in the labour market continue?
Inflation's backing down, but it's still got a way to go
If borrowers are hoping that the just-announced fall in the country’s rate of inflation to a four year low of 4.0% from the 2022 peak of 7.3% will bring interest rate cuts, they might need to think again.
Interest rates expected to slide by the end of the year
The changes that the Reserve Bank will make its first cut to the official cash rate before the end of this year is rising — and here's why.
Keen for the best rate and some cash too?
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing.
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New Zealand
Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.
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New Zealand
Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.