Home Loan Rate Report: Low for longer

  • We expect floating and short-term fixed mortgage interest rates to remain around current levels well into 2019.
  • The tick-shaped curve and our expectations of a mild RBNZ tightening cycle suggest shorter-term fixed rates should continue to offer good value.
  • There are a number of forces influencing mortgage interest rates at present, with downward pressures on rates prevailing over recent months. Nonetheless, borrowers should still plan to deal with higher interest rate costs in the future.

Contact us

Kim Mundy


Kim focuses on the subjects that have the ability to impact most people daily - the housing market, mortgage interest rates and inflation. She forecasts, analyses and provides insight into what these topics mean to readers: the pros and cons for particular mortgage rate options, housing affordability, or how to prepare for inflation. Kim is the author for ASB's Home Loan Rate Report, Home Economics and Housing Confidence Survey.

Kim joined ASB in early 2015 after working as an Economic Consultant. She also interned with the New Zealand Treasury while completing her BA/BCom (1st class honours) in Economics, Statistics and Politics.

Other reports