Latest news | MortgageRates.co.nz

Results: Mortgage Rates

Two hands exchanging playing cards
05 May 2022

Borrowing costs to banks unusually high at the moment

One of the more interesting things in the wholesale money markets at the moment is that swap rates have risen so far they imply an...

Hand in glove squeezing lemon
26 April 2022

Monetary policy to tighten before it loosens again

the fixed rate costs to banks of borrowing money to lend at fixed interest rates have soared in recent weeks. That is why we are s...

Silhouette of person climbing mountain
11 April 2022

Mortgage rates still yet to peak

An analyst was quoted recently saying she believes fixed mortgage rates are already at their peaks. I can see where she's coming f...

03 December 2021

Monetary policy tightening already in place

Over nearly 3 years the OCR increased from 5.0% to 7.25%. But the 3-year fixed mortgage rate barely increased. Contrast that with the current situation of this rate rising 1.8% the past six months while the Reserve Bank’s cash rate has gone up only 0.5%.

Hands squeezing grapefruit
22 November 2021

Fixed rate hikes reflect market expectations

Mortgage interest rates have now risen by between 1.3% and 1.8% from where they were less than six months ago as banks have reacted to sharp increases in their cost of funds.

Street with lit up signs
22 October 2021

Soaring inflation raises mortgage rate risks

For quite a few months now my central theme with regard to interest rates has been fairly clear. Inflation risks are rising, the Reserve Bank will tighten, and chances are they will tighten by considerably more than people are comfortably thinking.

Bird soaring in the sky
27 September 2021

Rising inflation risks

The Reserve Bank delivered some good and bad news for borrowers last week. In the wake of the latest lockdown, interest rates will only rise slowly. The bad news is last time they raised them slowly, they peaked higher than if they had moved quickly.

Potato and money balancing on calculator