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Final OCR reduction for 2025 (& 2026?)
Following the Reserve Bank’s (RBNZ) announcement yesterday Wednesday the 26th of November that it was reducing the Official Cash Rate (OCR) to 2.25%, I thought you’d be interested in knowing what impact I see this having now on mortgage rates and the housing market.  With the Reserve Bank saying it expects inflation to fall to around 2% by mid-2026 (currently inflation is sitting at 3% and at upper end of the RBNZ’s 1-3% target band) the bank believes another reduction to th

Simon Rule
Nov 273 min read


Economy shrinks, Reserve Bank acts.
Following the Reserve Bank’s (RBNZ) announcement yesterday Wednesday the 8th of October that it was reducing the Official Cash Rate (OCR)...

Simon Rule
Oct 93 min read


A shot in the arm for the country?
Following the Reserve Bank’s (RBNZ) announcement yesterday Wednesday the 20th of August that it was reducing the Official Cash Rate (OCR)...

Simon Rule
Aug 213 min read


As good as it gets?
Following the Reserve Bank’s (RBNZ) announcement yesterday Wednesday the 9th of July that it was leaving the Official Cash Rate (OCR)...

Simon Rule
Jul 103 min read


Reserve Bank cuts OCR again
Following the Reserve Bank’s (RBNZ) announcement yesterday Wednesday the 28th of May that it was reducing the Official Cash Rate (OCR) by...

Simon Rule
May 293 min read


OCR reductions slow
Following the Reserve Bank’s (RBNZ) announcement today Wednesday the 9th of April that it is reducing the Official Cash Rate (OCR) by 25...

Simon Rule
Apr 94 min read


Interest rates continue to fall
Following the Reserve Bank’s (RBNZ) announcement today Wednesday the 19th of February that it is reducing the Official Cash Rate (OCR) by...

Simon Rule
Feb 194 min read


Merry Christmas & best wishes for 2025
On behalf of Rule Financial Services, we’d like to thank you for your support during 2024.  2024 has been a tough year financially and...

Simon Rule
Dec 23, 20241 min read


Official Cash Rate reduced again
Following the Reserve Bank’s (RBNZ) announcement today Wednesday the 27th of November that it is reducing the Official Cash Rate (OCR) by...

Simon Rule
Nov 27, 20244 min read


Reserve Bank's competency questioned
Following the Reserve Bank’s (RBNZ) announcement today Wednesday the 9th of October that it is reducing the Official Cash Rate (OCR) by...

Simon Rule
Oct 9, 20243 min read


Reserve Bank flip-flops
Following the Reserve Bank’s (RBNZ) announcement yesterday Wednesday the 14th of August that it was reducing the Official Cash Rate (OCR)...

Simon Rule
Aug 15, 20243 min read


No interest rate relief for mortgage holders until 2025.
Following the Reserve Bank’s (RBNZ) announcement last Wednesday the 22nd of May that it was leaving the Official Cash Rate (OCR)...

Simon Rule
May 27, 20244 min read


Borrowers unlikely to see interest rates change much in 2024
Following the Reserve Bank’s (RBNZ) announcement yesterday on the 10th of April that it was leaving the Official Cash Rate (OCR)...

Simon Rule
Apr 11, 20243 min read


RBNZ doubles down on inflation target
Following the Reserve Bank’s (RBNZ) announcement yesterday the 28th of February that it was leaving the Official Cash Rate (OCR)...

Simon Rule
Feb 28, 20243 min read


When will mortgage rates actually start falling?
Happy New Year! I hope you had a nice Christmas with your family and that you also managed to have a decent break from work. To start the...

Simon Rule
Jan 30, 20243 min read


Merry Christmas & best wishes for 2024
On behalf of Rule Financial Services, we’d like to thank you for your support during 2023. 2023 has been a tough year financially for...

Simon Rule
Dec 21, 20231 min read


What will the Reserve Bank do next?
Following the Reserve Bank’s (RBNZ) announcement made today on the 29th of November that it was leaving the Official Cash Rate (OCR)...

Simon Rule
Nov 29, 20235 min read


Inflation falling but not fast enough.
Following the Reserve Bank’s announcement made on the 4th of October that it was leaving the Official Cash Rate (OCR) unchanged at 5.50%,...

Simon Rule
Oct 30, 20234 min read


Is the Reserve Bank done raising interest rates?
Following the Reserve Bank’s announcement last Wednesday that it was leaving the Official Cash Rate (OCR) unchanged at 5.50% I thought...

Simon Rule
Aug 21, 20234 min read


Inflation impacts mortgage rates
Following the Reserve Bank’s (RBNZ) announcement last Wednesday that it was leaving the Official Cash Rate (OCR) unchanged at 5.50% I...

Simon Rule
Jul 19, 20234 min read
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