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The OCR was cut -0.25% to 3.5% this week — a slower pace than previous 0.50% cuts. The RBNZ kept its neutral OCR estimate at 3% and is closely monitoring external risks, particularly around Trump Tariffs.
Some economists remain critical. Kiwibank commented:
“We think the RBNZ’s bias may… View moreThe OCR was cut -0.25% to 3.5% this week — a slower pace than previous 0.50% cuts. The RBNZ kept its neutral OCR estimate at 3% and is closely monitoring external risks, particularly around Trump Tariffs.
Some economists remain critical. Kiwibank commented:
“We think the RBNZ’s bias may be moving in the wrong direction, as they did in May. They’re too hawkish. Time will tell. Well, today, time is telling us that the RBNZ must lower the cash rate below neutral (3%). The downside risks we have all feared are coming from offshore and knocking at our door. We now call for a further 100bps of rate cuts to 2.5% by the end of the year. And with a 2.5% cash rate, all wholesale and retail rates have further to fall.”
Swap rates, indicative of bank wholesale funding costs, have fallen 0.3% this month leaving the door open for cuts to fixed mortgage rate cuts. 2yr swap rate below.
If you are refixing, refinancing, or buying a new home, talk to adviceHQ about your options.
#adviceHQ #independentfinancialadvice #ocr #mortgagerates #refix #refinance #TrumpTariffs
📉 The 2yr swap rate has dropped 0.31% this month – leaving the door wide open for banks cut fixed mortgage rates further.
Markets and economists expect the RBNZ to cut the OCR by -0.25% to 3.5% this Wednesday. However, some are calling for a sharper move to counter volatility emerging from … View more📉 The 2yr swap rate has dropped 0.31% this month – leaving the door wide open for banks cut fixed mortgage rates further.
Markets and economists expect the RBNZ to cut the OCR by -0.25% to 3.5% this Wednesday. However, some are calling for a sharper move to counter volatility emerging from "Trump Tariffs".
While tariffs are typically inflationary, the unprecedented nature of these measures could trigger a global slowdown – something the RBNZ will be watching closely.
If your mortgage is due for refix, or you're thinking about refinancing or restructuring, now is a great time to get independent advice.
✅ At Advicehq, we tailor solutions to your situation — not the banks'.
📞 Let’s chat.
#adviceHQ #ocr #mortgagerates #independentfinancialadvice #Refinance #refix #restructure
“Sales have increased nationally year-on-year, and activity is ramping up as we move out of summer. Attendance at open homes remains strong, and auction numbers are comparable to those in February 2024. These are encouraging signs for a positive and confident market ahead,” REINZ Acting CE … View more“Sales have increased nationally year-on-year, and activity is ramping up as we move out of summer. Attendance at open homes remains strong, and auction numbers are comparable to those in February 2024. These are encouraging signs for a positive and confident market ahead,” REINZ Acting CE Rowan Dixon comments.
#adviceHQ #REINZ
RBNZ data highlights the gap between NZ’s big four banks (ANZ, BNZ, ASB, Westpac) and locally owned Kiwi banks.
🔹 ANZ: $199b
🔹 BNZ: $130b
🔹 ASB: $127b
🔹 WES: $123b
🔹 KiwiBank: $37b
🔹 TSB, SBS, Heartland, Co-op have combined assets under $30b.
While the big banks … View moreRBNZ data highlights the gap between NZ’s big four banks (ANZ, BNZ, ASB, Westpac) and locally owned Kiwi banks.
🔹 ANZ: $199b
🔹 BNZ: $130b
🔹 ASB: $127b
🔹 WES: $123b
🔹 KiwiBank: $37b
🔹 TSB, SBS, Heartland, Co-op have combined assets under $30b.
While the big banks dominate, Kiwi-owned alternatives are providing competitive options, particularly for first-home buyers and business lending. Kiwibank’s recent financial results reinforce its ambition with above market growth.
At adviceHQ, we work with major banks, regional banks, non-banks and private lenders - giving our clients access to the best options.
👉 Thinking about a mortgage, refinance, or business lending? Let’s chat!
#AdviceHQ #independentfinancialadvice #nzbanking #finance #kiwibank #bigfour #mortgageadvice #businesslending
vi"If economic conditions continue to evolve as projected, the Committee has scope to lower the OCR further through 2025."
The RBNZ's cut the OCR by 0.5% to 3.75% this week. But the big news is that further cuts would be bought forward. This shift has significant implications for … View morevi"If economic conditions continue to evolve as projected, the Committee has scope to lower the OCR further through 2025."
The RBNZ's cut the OCR by 0.5% to 3.75% this week. But the big news is that further cuts would be bought forward. This shift has significant implications for homeowners, buyers, and investors.
🏡 Lower Mortgage Rates: reduced home loan rates sooner, easing repayment pressures.
📉 Lower Test Rates: banks adjusting their affordability tests, more buyers may qualify for lending and/or increased borrowing capacity.
📈 Flow-on Effects to the Property Market: improved affordability and greater access to finance could drive renewed activity in the housing market.
For homeowners, now is the time to review your mortgage structure to maximise savings. For buyers, opportunities may emerge sooner than expected.
At adviceHQ , we provide independent mortgage advice to help you navigate these changes. If you're looking to refinance, restructure, or explore new lending options, let’s talk.
#adviceHQ #OCR #RBNZ #MortgageRates #NZProperty #IndependentFinancialAdvice adviceHQ
The RBNZ is set to announce its Official Cash Rate (OCR) decision this week, with markets expecting a 0.50% cut.
📉 Inflation is now within the RBNZ’s target range.
📈 Unemployment is rising, easing wage pressure.
⚖️ The neutral OCR is estimated at 3%, but we’re still at 4.25%.
… View moreThe RBNZ is set to announce its Official Cash Rate (OCR) decision this week, with markets expecting a 0.50% cut.
📉 Inflation is now within the RBNZ’s target range.
📈 Unemployment is rising, easing wage pressure.
⚖️ The neutral OCR is estimated at 3%, but we’re still at 4.25%.
A 0.50% cut is largely priced in, but mortgage holders should pay close attention to the RBNZ’s outlook. Will cuts continue? At what pace?
Banks won’t all move at once — so if you're refixing or refinancing, let’s chat about your options. 📩
www.advicehq.co.nz...
adviceHQ
#AdviceHQ #RBNZ #ocr #MortgageRates
For the first time since August 2022, a major bank has cut a mortgage rate below 5%! Westpac has dropped its 3yr special fixed home loan rate to 4.99%, alongside reductions for other fixed terms.
What does this mean for you?
✅ Refixing Soon? Now is a great time to review your options — … View moreFor the first time since August 2022, a major bank has cut a mortgage rate below 5%! Westpac has dropped its 3yr special fixed home loan rate to 4.99%, alongside reductions for other fixed terms.
What does this mean for you?
✅ Refixing Soon? Now is a great time to review your options — locking in a lower rate could mean big savings.
✅ Buying a Home? Lower rates improve affordability, so it's worth reassessing your budget and options.
✅ Refinancing? If your rate is significantly higher, switching lenders might save you thousands.
This is a competitive move that could signal further rate drops ahead. If you’re wondering whether to act now or wait, let’s chat about your mortgage strategy. A quick review today could put you in a stronger position for 2025 and beyond.
📩 Get in touch for an independent mortgage review!
advicehq.co.nz
#MortgageRates #HomeLoans #InterestRates #MortgageAdvice #IndependentFinancialAdvice #adviceHQ
Auckland Council has announced a delay in its three-yearly property revaluations, pushing the release to 2025 instead of late 2024. This means homeowners, buyers, and investors relying on updated Capital Values (CVs) may face some uncertainty in the short term.
Why Does This Matter?
🔹Banks … View moreAuckland Council has announced a delay in its three-yearly property revaluations, pushing the release to 2025 instead of late 2024. This means homeowners, buyers, and investors relying on updated Capital Values (CVs) may face some uncertainty in the short term.
Why Does This Matter?
🔹Banks often use CVs as a reference point for mortgage applications, especially when determining loan-to-value ratios (LVRs).
🔹Real estate agents and valuers also factor in CVs when assessing property prices.
🔹This delay could impact refinancing, equity release, and property investment decisions.
What Can You Do?
🔹If you're planning a mortgage restructure, refinance, or new purchase, it’s best to discuss alternative valuation methods with your lender or mortgage adviser.
🔹Registered valuations or recent comparable sales may carry more weight in the absence of updated CVs.
At adviceHQ , we help clients navigate these changes and ensure they’re well-positioned for their next financial move. If you’re unsure how this impacts your mortgage plans, feel free to reach out.
📩 Message me or visit www.advicehq.co.nz... for expert guidance.
#cv #independentfinancialadvice #aucklandproperty #propertyinvestment #refinance #homeloans #AdviceHQ
In a speech today, RBNZ Chief Economist Paul Conway highlighted the long-term outlook for New Zealand’s economy and the role of the neutral interest rate — the level where the OCR settles without driving inflation up or down.
RBNZ estimates the neutral OCR setting currently sits between 2.5%… View moreIn a speech today, RBNZ Chief Economist Paul Conway highlighted the long-term outlook for New Zealand’s economy and the role of the neutral interest rate — the level where the OCR settles without driving inflation up or down.
RBNZ estimates the neutral OCR setting currently sits between 2.5% and 3.5%, compared to the current OCR of 4.25%. This suggests we may be heading toward a more stable environment.
What does this mean for your mortgage? If you're refixing, refinancing, or planning ahead, adviceHQ can help you make the right move. Get in touch today! www.advicehq.co.nz...
#adviceHQ #IndependentFinanceAdvice #RBNZ #OCR #MortgageRates
The latest data from The Real Estate Institute of New Zealand (REINZ) reveals a significant rise in housing supply across NZ, with listings increasing by 20.7% nationwide in 2024 compared to 2023. This trend is mirrored by a 19.8% jump in average inventory levels.
While sales activity increased … View moreThe latest data from The Real Estate Institute of New Zealand (REINZ) reveals a significant rise in housing supply across NZ, with listings increasing by 20.7% nationwide in 2024 compared to 2023. This trend is mirrored by a 19.8% jump in average inventory levels.
While sales activity increased in the second half of 2024, we are still yet to reach an equilibrium point in demand and supply, despite interest rates falling.
If you’re ready to discuss your options or want to explore how we can help you move forward in 2025, get in touch with the adviceHQ team today.
#adviceHQ #REINZ #mortgages #NZpropertyinvestor
The latest CPI figures reveal that annual inflation remains steady at 2.2% for the December 2024 quarter, comfortably within the RBNZ's target range of 1–3% for the second consecutive quarter. This marks a significant improvement from the mid-2022 peak of 7.3%.
For mortgage holders, … View moreThe latest CPI figures reveal that annual inflation remains steady at 2.2% for the December 2024 quarter, comfortably within the RBNZ's target range of 1–3% for the second consecutive quarter. This marks a significant improvement from the mid-2022 peak of 7.3%.
For mortgage holders, stability is welcome news. Lower inflation provides room for the RBNZ to ease monetary policy further through OCR cuts, which could help bring mortgage interest rates down.
That said, key contributors to inflation, such as rising rents and council rates, continue to place pressure on household budgets.
Want to understand how this impacts your financial plans for 2025? Reach out to adviceHQ for a personalised mortgage review and expert guidance.
#Inflation #MortgageRates #FinancialPlanning #IndependentFinancialAdvice #adviceHQ
Mortgage rates are expected to remain a hot topic in 2025 with many homeowners grappling with the question: fix, float, or a mix of both?
The right decision depends on your financial goals, risk appetite, and outlook on future rate movements.
At @adviceHQ, we know there’s no … View moreMortgage rates are expected to remain a hot topic in 2025 with many homeowners grappling with the question: fix, float, or a mix of both?
The right decision depends on your financial goals, risk appetite, and outlook on future rate movements.
At @adviceHQ, we know there’s no one-size-fits-all solution. That’s why independent financial advice is key — your situation is unique, and your mortgage strategy should be too. Let’s chat about what works best for you.
#IndependentFinancialAdvice #mortgagerates #adviceHQ
“The farther back you can look, the farther forward you are likely to see.” Winston Churchill
Miriam Bell reviews the 2024 housing market to understand past trends to help shape future decisions. adviceHQ are here to help you use those insights in 2025.
If you’re planning to buy, sell, … View more“The farther back you can look, the farther forward you are likely to see.” Winston Churchill
Miriam Bell reviews the 2024 housing market to understand past trends to help shape future decisions. adviceHQ are here to help you use those insights in 2025.
If you’re planning to buy, sell, refinance, or restructure in the year ahead, get in touch. The adviceHQ team is here to guide you every step of the way.
#adviceHQ #NZPropertyInvestor #IndependentFinancialAdvice
As we wrap up another big year, we want to take a moment to thank our clients, colleagues, and partners for your continued trust and support.
Wishing you all a joyful holiday season, safe travels, and a fantastic start to 2025.
#advicehq #thrivein25
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