Latest news | MortgageRates.co.nz

Results: Housing Market

Close up shot of a cat peering over the top of a table, with only its eyes and ears visible
11 April 2025

With another 0.25% cut in the bag, OCR edges closer to 'neutral'

With another 0.25% OCR cut under our belts, and wholesale rates down off the back of significant global volatility, are we on trac...

Woman doing yoga, balancing on one foot with other leg stretched behind and arms stretched out in front.
02 April 2025

Interest rates holding steady (for now) but OCR expected to bring further falls

With the RBNZ expected to cut the OCR by a further 0.25% on 9th April, that could be the catalyst for the one-year rate to (finall...

Person sitting on a go-kart on a track, heading downhill
26 March 2025

What the RBNZ’s planned OCR track means for mortgage rates

With a series of small but steady OCR cuts expected over the coming months, here's how that's likely to impact short- and longer-t...

07 June 2024

Stability returns to interest rates; one-year terms still recommended

The delivery of promised tax cuts will be welcome news to many, but will it be enough to make a tangible difference in the current cost-of-living crisis for Kiwi households?

Child stacking building blocks
29 May 2024

A week of big news in interest rates and the New Zealand housing market

On the same day as the OCR announcement, the government announced the axing of the first home grant. So what does this mean for first home buyers?

Surprised-looking yellow lego man in a blue outfit
01 May 2024

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?

17 April 2024

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.

Child at bottom of staircase

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. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.

J

Jo

New Zealand

five star revews

Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

Get a free mortgage review

All fields are required