In the past 15 years, the average Kiwi household mortgage repayment has nearly doubled. The sharpest rise was in the last ...
Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024 ...
New Zealand wholesale interest rates have fallen sharply over the last month or so, suggesting mortgage rate cuts could be in store before long. Two-year swap rates, which can influence mortgage ...
which would translate into one-year fixed mortgage rates near 5.50%.” Nathan Miglani, senior mortgage adviser at NZ Mortgages, said he was hopeful to see 4.99% shortly.
The impact of the high interest rates has gradually lessened ... significantly to living costs for many households,” Stats NZ ...
During his 2024 campaign, Donald Trump blamed Democrats, the Biden Administration and Vice President Kamala Harris for — ...
Jarrod Kerr, chief economist at Kiwibank, said movements in the official cash rate (OCR) would normally take 12 to 18 months ...
This has seen mortgage rates drop to below 6% across a number of lending terms. According to Interest.co.nz, ASB and BNZ have the lowest standard fixed two-year rates among the big five banks at 5 ...
Rather, essentials like power bills, rates, and mortgages were where people had been falling behind. “The trend certainly is ...
New Zealand’s manufacturing industry contracted for a record 20th consecutive month, reinforcing signs the economy will need ...
CoreLogic NZ chief property economist, Kelvin Davidson said that could be a sign of an approaching floor for property values. “The latest fall in national home values suggests that even though ...
Whether you're looking for the best Pound to New Zealand Dollar exchange rate or using any other base ... payments to New Zealand for an overseas mortgage, purchase a high value asset in New ...