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5 Feb 2026 12:14
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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

    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: The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato
     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
     Top Stories

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

    BUSINESS BUSINESS
    The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato More...


     Today's News

    		 Entertainment:
    Kelly Osbourne is "not" fine after the death of her dad Ozzy 12:01

     Athletics:
    New Zealand's Winter Olympic chef de mission Marty Toomey has praised his team's experienced athletes for easing the nerves of the debutants 11:57

     Entertainment:
    Ifunanya Nwangene has died aged 26 after a snake bite 11:31

     National:
    The penis evolved to be noticed – but the artful fig leaf has hidden it for centuries 11:17

     Business:
    The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato 11:07

     Entertainment:
    Minnie Driver believes "self-love and self-acceptance" are key to escaping the "trap" of being "frightened of losing your looks" 11:01

     Law and Order:
    A man who saved a family from drowning last month is being recognised as a hero 10:57

     Motoring:
    A chance to test his pedaling prowess against some of New Zealand's best riders has been seized Hayden Wilde 10:57

     Politics:
    Can One Nation turn its polling hype into seats in parliament? History shows it will struggle 10:37

     Entertainment:
    Cher baffled the crowd at the Grammy Awards by mistakenly announcing Luther Vandross as the winner of Record of the Year 10:31

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