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3 Feb 2026 12:49
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      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


    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

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     Top Stories

    RUGBY RUGBY
    The All Blacks will open their 2027 Rugby World Cup campaign against Chile in Perth on Saturday, October 2, a day after Australia start the tournament against Hong Kong in the same city More...

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


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