Home Loan Rate Report: The time to make a strategy
- The RBNZ’s Official Cash Rate (OCR) has been RBNZ lowered from a 5.50% rate in August 2024 to 3.50% at the time of writing
- Our view is the RBNZ will continue to reduce the OCR over 2025 but in our view is nearing the end of the easing cycle
- Borrowers are trying to work out what the best strategies are in the current environment
Contact us
Chris Tennent-Brown
ASB Wealth Senior Economist
Chris has worked as an economist for ASB and Commonwealth Bank of Australia in Sydney since 2005. His work has involved monitoring and forecasting trends in the New Zealand economy, with a focus on drawing implications for financial markets and investments. Chris is passionate about savings issues, and much of his current work is focussed on broadening peoples understanding of investments. Chris obtained a Bachelor of Commerce at Auckland University, majoring in Economics, and prior to joining ASB worked in the funds management industry for Bankers Trust and BT Funds Management. With over 20 years' experience in finance, Chris has also spent several years farming, and was a New Zealand representative cyclist. When not at work, Chris likes to travel, cycle, and spend time with his family and numerous pets.
- Email: Chris