Why there's no need to increase the official cash rate
One major bank’s forecasters have predicted that the Reserve Bank will raise their current 5.5% official cash rate to 6.0% in the ...
Reserve Bank still strongly opposed to big reductions in interest rates
The Reserve Bank still appears to remain staunchly opposed to any sizable reductions in mortgage interest rates. That said, it is ...
Inflation still too high for monetary policy to ease
Even though the December inflation numbers came out lower than expected, at 4.7% it is still too far way from the 1% - 3% target r...
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?
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?
Uncertainty around mortgage interest rates
The past 1-2 weeks has brought quite a pullback in confidence about inflation and monetary policy, but it's not because the economic outlook has suddenly improved.
Broker releases 5% deposit mortgage for first home buyers
It allows deposits of as low as 5%, and is aimed at helping first home buyers who have good incomes but not enough deposit to meet the 20% often demanded by trading banks, or who don’t qualify for the Government’s Kainga Ora scheme.