Blog | Kea Mortgages

𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 𝗮𝘀 𝗮 𝗕𝗼𝗿𝗿𝗼𝘄𝗲𝗿 🦜

April 10, 2025

〽️ In times of heightened uncertainty, it's crucial to adapt. Here are some key takeaways following the 9 April OCR announcement:⏭️ Fixed Mortgage Rates: Opting for medium to long-term fixed mortgage rates can provide stability by eliminating volatility in cash flows...

📉 𝗢𝗖𝗥 𝗻𝗼𝘄 𝟯.𝟱% - 𝗙𝘂𝗿𝘁𝗵𝗲𝗿 𝗿𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝗢𝗖𝗥 𝗮𝗽𝗽𝗿𝗼𝗽𝗿𝗶𝗮𝘁𝗲 🦜

April 9, 2025

🏦 The RBNZ Monetary Policy Committee has cut the OCR by 25 basis points to 3.5% as of 9 April 2025.💱 Inflation is stable, but weak household spending and global trade barriers pose risks.👥 The Committee is ready to adjust further if needed.Get in touch with Kea Mort...

March 2025 Market Update 🦜

March 25, 2025

🚦 The NZ Valocity House Price Index rose 1.5% since its 2024 trough with a national average house price of $969,939 as at March.💡 Lower mortgage rates have shifted the market's volume and direction, fostering optimism in Q1 2025. Lower rates being directly correlated t...

January 2025 Market Update🦜

January 6, 2025

Interest Rate TrendThe Reserve Bank of New Zealand (RBNZ) in November 24 reduced the Official Cash Rate (OCR) by 0.50%, bringing it down to 4.25%. This reduction is part of a series of cuts aimed at stabilizing the economy. As a result, mortgage rates have also decreased, wi...

Merry Christmas!

December 20, 2024

Good news for Borrowers

December 9, 2024

Good News for Borrowers: OCR Cut to 4.25%!On November 27, the Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate (OCR) to 4.25%, down from 4.75%. This marks a significant reduction of 1.25% since August 2024, bringing it down from the peak of 5.50% it held for ove...

27 November OCR Drops 0.5%

November 27, 2024

The Official Cash Rate (OCR) dropped another 0.5% today, with further reductions hinted. This shift will open new doors for prospective homeowners and investors as bank test rates fall and borrowing capacity increases 💵🏡...

October OCR Cut. What happened?

October 15, 2024

OCR Cut: The Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate (OCR) by 50 basis points (0.5%) to 4.75%.Policy Statement: The RBNZ’s decision was data-dependent, with the next review scheduled for November 27.Economic Conditions: Domestic economic activity is w...