The Reserve Bank of New Zealand has kept the Official Cash Rate (OCR) at 2.25% — the third consecutive hold after a series of cuts brought it down from 5.50% in late 2024.For homeowners and first home buyers, the question isn’t just where the OCR sits today. It’s where mortgage rates are heading over the […]
OCR Holds at 2.25% and What It Means for Your Mortgage in 2026 Read More »
Remember when petrol was $2.50 a litre and we thought that was outrageous? Good times. As of this week, 91 octane is sitting around $3.24 a litre. Diesel nearly doubled earlier this year. And the reason has nothing to do with New Zealand — it has everything to do with a narrow strip of water
Your Petrol Bill Just Became a Geopolitics Problem Read More »
Home loan channeling is the practice of routing your income — your salary, your business takings, any money that hits your account — through a specific part of your mortgage, instead of through a standard transaction account. That specific part is usually a revolving credit facility (sometimes called a flexi loan, orbit, or rapid repay
The Reserve Bank of New Zealand held the OCR at 2.25% yesterday and the tone out of Governor Breman’s statement was noticeably more hawkish than most borrowers were expecting. If you have a mortgage coming up for refixing in the next few months, this decision matters. Here’s what you need to know, plus a story
Someone asked me the question yesterday, my immediate answer was “I don’t know” as I don’t even know where to start talking about it.The news out of the Middle East right now is a lot to take in, and you’re probably wondering what a conflict thousands of kilometers away has to do with your house
Iran, Oil, and Your Mortgage: A “What is Going On?” Guide Read More »
The Reserve Bank of New Zealand (RBNZ) has held the Official Cash Rate (OCR) steady at 2.25% in their latest February 2026 announcement. For Auckland homeowners and first-home buyers, this brings a sense of stability after a period of fluctuation. While the OCR remains unchanged, we are seeing a “mortgage price war” among major banks.
NZ Mortgage Update February 2026: What the OCR Hold Means for Auckland Homeowners Read More »