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1 Nov 2025 4:55
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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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     Today's News

    		 International:
    What happens to Prince Andrew's children? Princess Beatrice and Eugenie to keep their titles 22:27

     Business:
    A Whangarei telco company has lost its trademark court battle with Uber 21:57

     Accident and Emergency:
    A person's died after a car went into a river in the small Waikato town of Whatawhata 21:17

     International:
    What do we know about Sandringham and Prince Andrew's new home? 21:07

     Health & Safety:
    Pet owners may be loving their animals to death - leaving a gap in the market for weight-loss drugs 18:57

     Law and Order:
    Health New Zealand has released footage of a fire that broke out in the Whangarei Hospital car park last week to quell speculation 18:37

     Law and Order:
    Three men have been arrested after allegedly attacking two people in Westport in one night 18:07

     Rugby:
    Three changes to the All Blacks' run-on side from their last outing in Perth, to face Ireland on Sunday morning in Chicago 17:27

     International:
    Prince Andrew stripped of title by King Charles and told to leave Royal Lodge 17:17

     National:
    Spiders inspired biologists to create artificial webs to capture airborne DNA for biodiversity monitoring 17:07

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