Jackson Hapeta told First Up he was one of those homeowners who got caught in the rise when he had to re-fix his loan. The ...

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 ...

The impact of the high interest rates has gradually lessened ... significantly to living costs for many households,” Stats NZ ...

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.

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 ...

Mortgage rates are forecasted to drop over the coming months, but many homeowners will still be in for a rude awakening when they go to refix.  Helen ...

Rather, essentials like power bills, rates, and mortgages were where people had been falling behind. “The trend certainly is ...

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 ...