Mortgages

OCR drops to 3.25%

1 MIN READ
May 28, 2025
The Reserve Bank has just reduced the Official Cash Rate to 3.25%, and Treasury is now forecasting a potential low of 2.5%.

 

Watch now as Digby Butcher, our Head of Mortgages, explains what this means for borrowers and the opportunities that could be coming in the months ahead.*

  • Floating rates will drop immediately

  • Shorter-term fixed rates could follow soon

  • Interest rates are expected to continue falling

  • But timing your next move is key

Want clarity on your next move?

Request a call from your Enva mortgage adviser and we’ll help you make the right decision based on your goals.

Contact us at mortgages@enva.co.nz or call 0508 287 672.

The Reserve Bank’s next OCR announcement is on Wednesday, 9 July 2025.

*The information contained in this video is for general information purposes only. It is not intended to constitute financial advice and does not take your individual circumstances and financial situation into account. We encourage you to seek assistance from a trusted financial adviser.


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