Interest rates are rising, so what’s the best strategy now?
Banks are moving interest rates higher, but the right term to pick depends a lot on how you think the economy will fare through the rest of this year. BNZ…
Navigating Interest Rates: Uncertainty for Homeowners Looking to Refix Mortgages
Right now, anyone needing to refix their mortgage is facing a tough challenge: trying to predict where interest rates are headed is far from straightforward. While there’s good news that…
What to Expect from Next Week’s Official Cash Rate Announcement
The Reserve Bank of New Zealand (RBNZ) will announce its next decision on the Official Cash Rate (OCR) next week. Economists have various predictions and expectations, which could have significant…
Don’t Lock In Long-Term Mortgage Rates Now, Brokers Advise Kiwis
Brokers are advising New Zealanders to avoid locking in long-term mortgage rates, despite major banks offering lower rates right now. They believe it’s better to choose shorter-term rates as borrowing…
ANZ Economists Predict Lower House Prices Despite Expected Interest Rate Cuts
ANZ’s economists believe the Reserve Bank will cut interest rates sooner rather than later, but they also say that house prices will stay weak for now. In their latest NZ…