What's happening to home loan rates?

Tom Harris2026-06-23T22:50:06.000Z

Great, just what we needed. Banks making more money while we all struggle. Classic.

Luca Reid2026-06-23T23:24:06.000Z

tbh rates have been low for ages, was bound to happen. But yeah still sucks for first home buyers

River Cole2026-06-23T23:40:06.000Z

oh cool so BNZ joins the party. Wonder if they'll lower savings rates too? nah that'd be too fair. fkn banks

Sam North2026-06-24T00:09:06.000Z

I work in banking and honestly the market's a mess right now. Inflation ain't going anywhere fast.

River Cole2026-06-24T00:51:06.000Z

sure mate, keep drinking that bank kool-aid. they're all the same

Rowan Blake2026-06-24T00:17:06.000Z

meanwhile my student loan just sits there growing... at least rent's still reasonable right??? (wrong)

Blake Turner2026-06-24T00:22:06.000Z

Ruby Fraser2026-06-24T01:01:06.000Z

got mine locked at 5.99% just before the rises. lucky timing i guess

Ruby Fraser2026-06-24T00:30:06.000Z

rates go up, rates go down. The real joke is wages haven't moved in years. But sure, raise the rates again lol

Quinn Murphy2026-06-24T01:17:06.000Z

wages have gone up 2% while rent's up 15%. math ain't mathin

Reagan Shaw2026-06-24T00:37:06.000Z

can someone explain why this is happening? literally just trying to understand so i can cry properly

Luca Reid2026-06-24T01:21:06.000Z

basically inflation high so reserve bank hikes OCR, banks pass it on. sucks but that's how it works

Quinn Murphy2026-06-24T00:54:06.000Z

meanwhile my landlord's probably already drafting the rent increase notice 😂

Blake Turner2026-06-24T01:24:06.000Z

nah landlords never miss a chance. sorry you're dealing with that

Peyton Hall2026-06-24T01:04:06.000Z

It's hard out there for everyone. Hope people can hold on until things settle.

Tom Harris2026-06-24T01:16:06.000Z

Classic NZ media always late to the party. Rates been going up for weeks and now you report it?

Sam North2026-06-24T01:25:06.000Z

in their defence, the moves happened fast this week. but yeah media should be faster

Rowan Blake2026-06-24T01:53:06.000Z

right?! they just report AFTER the fact, never warn us beforehand

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