Results: New Zealand Economy
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...
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...
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...
Higher inflation means higher interest rates
Inflation in New Zealand has just lifted from 4.9% to its highest level in three and a half decades. The numbers may sound shocking and indicate a rise in interest rates to what they were pre the Global Financial Crisis. But will they rise that high again?
Interest rate rises to continue this year
Welcome to my first fortnightly column on mortgage rate levels and prospects in New Zealand. At the start of 2022 we can see that all fixed interest rates have in fact risen quite firmly.
2022 will bring more mortgage rate increases
We started 2021 with the average one year fixed mortgage rate at 2.49%, the three year rate at 2.65%, and the five year rate 2.99%.
Guest post: Residential home loans: fix or float?
In this article, John Bolton, CEO of Squirrel Mortgages looks at how to pick the right fixed home loan rate term in a rising interest rate environment.
