The OCR Has Been Cut — Here’s Why It’s the Right Time to Consider a Move

Today, the Reserve Bank of New Zealand (RBNZ) made a much-anticipated move by cutting the Official Cash Rate (OCR) by 25 basis points, bringing it down to 3.50%. This marks the first rate cut since the tightening cycle began, and signals a shift in the economic narrative — one that has big implications for homeowners, buyers, and investors.

Whether you’re looking to purchase your first home, upgrade your lifestyle, or invest in property, this move opens the door to new opportunities.

Why Was the OCR Cut?

The RBNZ’s decision to lower the OCR reflects growing economic headwinds — slowing growth, subdued inflation pressures, and weaker global demand. By reducing the cash rate, the central bank is aiming to make borrowing more affordable and stimulate economic activity across key sectors — including housing.

Markets had widely expected this move, but its confirmation today sets a clear tone: cheaper borrowing is back on the table.

What This Means for You

1. Lower Interest Rates

Banks often respond to OCR changes by adjusting their own lending rates. This could translate into lower mortgage interest rates, reducing monthly repayments for both new borrowers and those refixing existing loans.

2. Greater Affordability for First Home Buyers

With rates trending down, the borrowing power of first-home buyers improves. For many, this could be the moment when affordability shifts from “maybe” to “possible.”

3. Stronger Conditions for Investors

If you’re looking to purchase an investment property, lower rates mean stronger cashflow, more flexible finance options, and potentially higher long-term yield as housing demand stabilises.

4. More Confidence in the Market

Uncertainty around rising interest rates kept many would-be buyers on the sidelines. Today’s cut may spark renewed buyer activity, and those who act early are more likely to benefit from current price levels and competition.

Why Now Could Be the Best Time to Act

We are entering a window of opportunity. Rates have started to fall — but they haven’t fallen so far that the market has fully reacted. This gives buyers an edge. By acting now, you can:

• Lock in more favourable rates before increased demand pushes prices higher

• Access a wider range of properties while competition is still moderate

• Refinance existing lending on better terms

• Leverage pre-approval while affordability is on the rise

Our Advice

If you’ve been waiting for the right time to make a move, this is it. Whether you’re a first-home buyer, upscaler, or investor — the numbers may now work in your favour.

At APX Mortgages, we help you move with confidence. We’ll review your financial position, explain your options clearly, and guide you through the process step-by-step — with no pressure and no guesswork.

Ready to Take Advantage of the Market Shift?

Get in touch today to discuss how the OCR change affects your specific goals and what your next move could look like.

APX Mortgages

Advisory. Planning. Excellence.