Christmas continues to come early for homeowners!
Yesterday, the Reserve Bank announced a 0.25% cut to the Official Cash Rate (OCR), bringing it down to 2.25%. We have already seen this flow through to lowering floating rates.
The announcement signals that the economy is expected to pick up, inflation to ease, and financial pressure on households to lessen through the course of 2026.
Why does this matter and what does this mean for you?
Around 40% of NZ fixed loans are due to refix over the next few months.
If that’s you – This is your window to be strategic.
Short-term fixed rates for 6-12 months have been popular recently, but we’re now approaching the bottom of the rate-cut cycle. Rates may not fall much further from here.
For many homeowners, mid or longer terms could now provide:
- Lower and more predictable repayments
- Protection from future rate increases
- Stability and confidence heading into the New Year
It’s important to note that there is no one-size-fits-all strategy.
The right lending structure depends on your individual circumstances and future plans – Making smart decisions now could save you thousands over the next few years.
If your lending is due to come off a fixed rate soon, or it’s been a while since you last reviewed your lending – Get in touch!
👉 Give us a call or leave a message – We’ll review your structure, plan the timing of your next refix, and make sure you’re reducing long-term interest costs where possible.
