A year-end review of term deposits, ending on an uncertain note
2025 was the year households stopped growing their term deposit balances. And interest rates offered by banks fell…
A lot of home owners appeared to be waiting for the OCR cuts – and they may be disappointed with the outcome
Was the wait worth it? That’s what some homeowners who have recently taken up new mortgages may be…
Did somebody pull the plug out on term deposits?
Watch this space. We may be about to see a big outflow of term deposit money. As interest…
Tracking the mortgage rate changes following the latest OCR cut
Co-operative Bank first to cut floating mortgage rate after Reserve Bank’s OCR cut. More soon … As expected…
NZ’s mortgage pile set for its largest growth in four years in 2025
Well, house prices might not have moved much this year due to the abundant supply for sale –…
A new month, new lower term deposit rates
The gradual, but regular, easing of interest rates offered to savers is the theme as we rapidly head…
Term deposit rates fall further, faster
The headlines feature the falling home loan interest rates. But term deposit rates are now falling just as…
Term deposit rates sucked into a down-vortex
It has been a month since we last looked at where term deposit rates have shifted to, and…
Mortgage pain diminishes – sharp drop in non-performing loans
It’s dangerous to draw conclusions too quickly – but the worst may now be over in terms of…