Latest news | MortgageRates.co.nz

Results: Mortgage Rates

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...

Child at bottom of staircase
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 p...

03 April 2024

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 he...

22 June 2023

Mortgage rates stay high for the foreseeable future, as global inflation worries continue

Weak exports, household spending lessen chances of another official cash rate hike, but inflation, migration, and fiscal policy changes may delay a rate cut until well into 2024.

Young girl looking at a globe
01 June 2023

What's in store for interest rates after the recent OCR announcement?

Following on from the Reserve Bank’s recent decision to raise the cash rate 0.25% to 5.5% and signal that they don’t plan any more rises, what is likely to happen with bank mortgage rates over the remainder of 2023?

Hands hovering over a crystal ball, with candles on either side.
19 May 2023

Will there be a return of the 2.99% five year rate?

Where are fixed mortgage interest rates likely to average over the next 5-10 years, and will there be a return of the 2.99% five year rate?

Little girl looking over a crowd
04 May 2023

Are Kiwi households tightening up spending habits enough?

For Kiwi borrowers, times are tough and by necessity set to get tougher for those with rates rolling off in the next few months. With the chance of the Reserve Bank nudging the OCR higher by a final 0.25%, should Kiwis be fearing the worst?

Grocery shopping

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.

shopper approved logofive star revews
K

Katie

New Zealand

five star revews

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.

M

Martin

New Zealand

five star revews

Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.

Get a free mortgage review

All fields are required