Thinking of floating your mortgage? Think again. With economists forecasting three more OCR hikes peaking at 3.5% by 2027, fixing for 1-2 years is looking like the smartest shield. #NZFinance #MortgageTips

Funny how major banks immediately pass OCR hikes onto floating mortgages (now 6.49%), but on-call savings rates barely budge.

Who is really winning here? 🏦👀

#NZFinance #RBNZ

Falling mortgage rates are slashing monthly servicing costs, fast-tracking bank pre-approvals for high-LVR buyers. Borrowing capacity is officially on the rise.

#MortgageRates #NZFinance

Within hours of the RBNZ announcement, major banks hiked variable rates by 25bps.

But here's the catch: fixed rates didn't budge because the market already priced it in.

Strategy matters right now.

#NZFinance #Banking #Mortgages

The math is mathing again in Auckland. A $660k townhouse renting for $650/wk can now be cashflow-neutral on interest-only terms. 100% interest deductibility makes it self-sustaining. 🧮

#AucklandProperty #NZFinance

Why are you still paying premium rates to the big four banks? Mutuals and regional lenders are launching sub-5% short-term rates. Are you ready to switch and save? #NZFinance #Mortgage

Fix or float? 🧭 With the OCR tipped to rise next week, locking in a 1- or 2-year fixed mortgage rate looks like the smartest shield against impending hikes. Don't let floating rates catch you off guard.

#MortgageTips #NZFinance