OCR cuts to 2.25% – Watch Digby’s insights

“We are seeing some really strong interest rate offerings from the banks out there at the moment, and we do expect them to sharpen the pencil a little bit off the back of this announcement.”

In his latest update, Digby breaks down what this means for your mortgage strategy, how it could impact the housing market and what to keep an eye on heading into 2026.

What’s the best mortgage structure for borrowers right now?

With the OCR down and interest rates softening, a split mortgage structure can offer balance and peace of mind. Dividing your loan across short and long-term fixed rates cushions you against sudden rate shifts while giving you access to today’s sharpest offers.

What’s on the horizon?

With no further OCR announcements until the new year, we’re entering a rare period of stability. Over the coming months, the Reserve Bank will closely monitor inflation, GDP and employment trends. These indicators will shape where rates go next – so while it’s “wait and see” on the surface, we recommend staying proactive with your loan structure behind the scenes.

Let’s plan your next move

With no further OCR announcements until the new year, we’re entering a rare period of stability. Over the coming months, the Reserve Bank will closely monitor inflation, GDP and employment trends. These indicators will shape where rates go next – so while it’s “wait and see” on the surface, we recommend staying proactive with your loan structure behind the scenes.

Speak with an Enva adviser today by emailing us at mortgages@enva.co.nz or call 0508 287 672.

Plus, when you book a mortgage review, you’ll go in the draw to win a $5,000 travel voucher! Find out more here.

The Reserve Bank’s next OCR announcement is on Wednesday, 18 February 2026.