The OCR remains unchanged at 3.25%

So, what does this mean for your mortgage? Watch as Head of Mortgages, Digby Butcher, shares his take on what today’s announcement signals for interest rates, and why now might be the right time to review your mortgage.

What this means for borrowers

• We’re getting closer to the bottom of the interest rate cycle.

• We don’t expect to see any significant movement in interest rates following today’s announcement.

• Inflation is creeping back into focus, adding uncertainty to future OCR decisions.

Want clarity on your next move?

Whether your fixed rate is nearing expiry or you’re simply looking to stay proactive, it’s a smart time to review your options.

We can help you:

• Stay ahead of market changes

• Reassess your mortgage structure

• Make confident decisions in a shifting landscape

Click below to get in touch, or contact us at mortgages@enva.co.nz or call 0508 287 672. And just by booking a 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, 20 August 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.