News | Business
5 Feb 2026 10:25
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Some bad news for the many Kiwis who'll need to re-fix their mortgage again this year

    Some bad news for the many Kiwis who'll need to re-fix their mortgage again this year

    3 February 2026
    More than two-thirds of fixed-rate loans are due to come up for renewal this year - reflecting the current preference for one-year to 18-month terms.

    Most economists don't expect any more OCR cuts.

    Westpac Chief Economist Kelly Eckhold says OCR hikes are looking increasingly likely.

    He says there'll always be some question marks, but the market seems to expect two cuts this year, and his colleagues think they'll be at least one.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     05 Feb: A record financial result for Christchurch's Lyttelton Port Company
     05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait
     05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment
     04 Feb: A warning we've been burnt by high hopes for economic recovery
     04 Feb: A move from the Warehouse Group to cut a chunk of head office roles has come as no surprise to the retail sector
     04 Feb: The median sales price for a house in Auckland has reached one-million dollars for the first time in over a year
     04 Feb: Auckland Mayor Wayne Brown's defending a surge in Auckland Council consultant costs
     Top Stories

    RUGBY RUGBY
    Super Rugby boss Jack Mesley expects this season's new 50-22 rules to open up defences More...


    BUSINESS BUSINESS
    A record financial result for Christchurch's Lyttelton Port Company More...



     Today's News

    Politics:
    ICE and Border Patrol in Minnesota - accused of violating 1st, 2nd, 4th and 10th amendment rights - are testing whether the Constitution can survive 10:17

    National:
    Olives have been essential to life in Italy for at least 6,000 years – far longer than we thought 10:07

    Rugby:
    Super Rugby boss Jack Mesley expects this season's new 50-22 rules to open up defences 10:07

    Entertainment:
    The Studio cast has cancelled a planned press day this week following the death of Catherine O'Hara 10:01

    International:
    A 'ghost airport' and sinkhole highway as Timor-Leste gambles on oil and gas with Greater Sunrise project 9:57

    Entertainment:
    Jelly Roll has called himself a "dumb redneck" who feels "disconnected" from politics 9:31

    Business:
    A record financial result for Christchurch's Lyttelton Port Company 9:27

    Entertainment:
    Savannah Guthrie's mother Nancy has been confirmed missing and foul play hasn't been ruled out 9:01

    Entertainment:
    Jelly Roll credited Bunnie Xo with saving his life following his success at the Grammys 8:31

    Rugby League:
    Former Kiwi Tony Kemp has applauded Australian Rugby League Commission chair Peter V'landys for his ambition, as State of Origin looks poised for Auckland's Eden Park in 2027 8:27


     News Search






    Power Search


    © 2026 New Zealand City Ltd