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8 Nov 2025 8:51
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      Home > News > Business

    Financial pressure for home-owners is set to ease as inflation stabilises

    Financial pressure for home-owners is set to ease as inflation stabilises


    Data predicts inflation will remain close to two-percent this year, with further OCR cuts expected from this month.

    On average, home-owners are spending a fifth of their net income on interest costs.

    Westpac Senior Economist Satish Ranchhod says those who fixed for one-year at the start of last year can expect to benefit.

    He says on an average mortgage, you could save about 300-dollars a month in most regions, and 400-hundred-dollars in Auckland.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Former Scottish international Brendan Laney is giving his old nation every chance of tipping over the All Blacks in tomorrow morning's second Grand Slam test at Murrayfield More...

    BUSINESS BUSINESS
    Labour Weekend - and weather - played a big role in consumer spending in October More...


     Today's News

    		 Living & Travel:
    At least nine Auckland-bound domestic flights have been cancelled and two delayed because of fog 8:47

     Entertainment:
    Seth Meyers has hit back at Donald Trump after the U.S. president attacked him on social media 8:37

     Politics:
    Auckland's mayor says he welcomes any law change to forcibly move homeless people out of the city centre 8:27

     Environment:
    People are reported to be at the scene of a house fire this morning in Hamilton East 8:27

     Soccer:
    The Central Coast Mariners have joined Auckland FC at the top of the A-League table with a 1-nil win over the Perth Glory 8:17

     Entertainment:
    Macaulay Culkin has stepped back into his Kevin McCallister role for a new Christmas advertising campaign with a message about family and ageing 8:07

     Law and Order:
    More than 50 people have been injured in explosions at a mosque in Indonesia's capital 8:07

     Rugby:
    Former Scottish international Brendan Laney is giving his old nation every chance of tipping over the All Blacks in tomorrow morning's second Grand Slam test at Murrayfield 7:57

     Entertainment:
    Patti Smith has revealed how she discovered the man who raised her was not her biological father 7:37

     Rugby:
    Ardie Savea has no doubts a new-look All Blacks loose forward trio will click quickly in tomorrow morning's test against Scotland 7:27

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