FILTERED BY TAG:

Mortgage Adviser

June 2025 Market Update 🦜

July 18, 2025

🦜𝗡𝗭 𝗠𝗶𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗧𝗿𝗲𝗻𝗱𝘀• Net migration to NZ dropped to +𝟭𝟱,𝟬𝟬𝟬 in the year to May 2025, down from +80,300 a year earlier and +135,000 in Oct 2023.• NZ 𝗹𝗼𝘀𝘁 𝟯𝟬,𝟬𝟬𝟬 𝗽𝗲𝗼�...

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...