GDP down, Mortgage Rates to Fall Further
📉The 2yr swap rate fell 0.16% yesterday, following GDP data showing a -0.9% in the Jun qtr. This is the same period when the RBNZ was speculating on OCR settings – yet those figures are now outdated, with the Sep qtr nearly over.
On the ground, we’re seeing green shoots: auction rooms are busy with strong bidding activity in the Sep qtr.
👉 What does this mean for mortgage holders?
The probability of a OCR terminal rate below the forecast 2.5% is increasing — giving banks scope to cut fixed mortgage rates as funding costs ease.
adviceHQ provides independent financial advice to help clients navigate these shifts — ensuring decisions aren’t driven by a single bank’s view, but by what’s best for you.
#mortgagerates #OCR #RBNZ #independentfinancialadvice #adviceHQ
Poll: Do you set New Year’s resolutions?
🎉 2026 is almost here!
We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?
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0% Yes! New Year, New Me
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33.3% Yes - but I rarely stick to them
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66.7% Nah - not for me
Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.
We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Keen for the details? Read up about the scrapped collection trial here.
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85% Same!
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15% Would have liked to try something different
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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78.7% Yes! It's better to regift what I don't need
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21.3% No. It's the thought and effort that matters
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