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Floating rates rising post OCR increase; What the changing housing market means for prices

  • Thursday, July 9th 2026

Following yesterday's OCR increase rate rises are trickling through for floating and revolving credit products. So far ASB, BNZ, Kiwibank and Westpac have announced increases.

Check out the changes here.

The question of whether the New Zealand economy can grow much without a recovery in the housing market remains a live issue. Here's what we learnt yesterday.

Up Next [Breaking News] RBNZ pulls the trigger

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TMM - The Mortgage Mag is 100% dedicated to delivering excellent news, video and information to all mortgage advisers in New Zealand. We deliver news to advisers through TMMOnline.nz and its associated email newsletter. Every two months we publish TMM - The Magazine. This is sent to all mortgage advisers. TMM is part of Tarawera Publishing Ltd. TPL is the oldest and largest publisher in NZ's financial adviser market.

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