Interest rates have gone down by 0.25 percentage points. Check to see how the major banks are reacting — and what that means for savers and mortgage holders.

BNZ has cut some fixed home loan rates in anticipation of an OCR cut next week. The rate cuts included dropping the six-month rate by 0.2 basis points to 5.09 percent and the one -year rate by 0.1 ...

The most challenging period for landlords may now be behind them, according to ANZ.New lending to property investors has ...

The country's biggest bank said it would cut its one-year fixed rate special by 16 basis points to 4.79 percent.

The central bank's hawkish stance saw a number of economists revise their expectations, predicting it would increase the official cash rate (NZINTR=ECI) (OCR) to a peak of 5.5%.

New Zealand's Reserve Bank OCR raised to 5.50 percent Credit: REUTERS/STAFF May 23, 2023 — 10:11 pm EDT Written by Sam Holmes for Reuters -> Corrects rates in headline to 5.5% (not 5.25% ...

WELLINGTON, Dec 8 (Reuters) - The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: "As foreshadowed in the September ...

BNZ today cut fixed home loan rates across multiple terms in anticipation of next week's expected OCR cut. BNZ General Manager Home Lending James Leydon says the bank is delivering rate relief to ...