Why a 5% mortgage for 5 years looks good

What mortgage rate should you take? Like any question, the answer often depends. (Image: Getty)

Mon, 24 Nov 2025

One of the most common questions I get is what mortgage rate to take. This is even more topical now, as it looks like the nadir of the interest rate cycle is close. Another 25 basis points from the Reserve Bank of New Zealand (RBNZ) this week, with the door open to more, but likely done, though we’ve seen easing cycles extend before, and also sometimes reverse. Sometimes it can feel like a roll of the dice with contrasting views.Like any question, the answer often depends. Your balance sheet, cash flow, risk appetite, the...

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