Скачать или смотреть The OCR Was Cut… So Why Are Mortgage Rates Rising?\Westpac’s Chief Economist Explains

This video breaks down why mortgage rates are rising in New Zealand even after the OCR was cut and what the public narrative is missing.
If you care about money, property, and long term leverage, this is required context.

Most people assume the OCR and mortgage rates move in a straight line. Cut the OCR and borrowing gets cheaper. That assumption is wrong. In this conversation with Westpac’s Chief Economist, the focus shifts from headline policy moves to the underlying mechanisms that actually price mortgages, including wholesale funding markets, swap rates, risk premiums, and global capital flows. These forces matter far more than the OCR alone, yet they are rarely explained clearly.

This is not a discussion about short term noise. It is about why the transmission from monetary policy to household borrowing costs is breaking down and how that disconnect is reshaping confidence, affordability, and investor behaviour across New Zealand. Understanding this gap is essential for anyone making decisions around property, debt, or long term financial positioning.

What this video actually gives you

• Why mortgage rates can rise even when the OCR is cut
• How swap rates and wholesale funding costs really drive bank pricing
• Why global markets matter more than local policy headlines
• What banks are responding to that households are not told about
• How this disconnect affects property prices, refinancing, and cash flow
• How these pressures compound over the coming years, not months

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This channel is built for people who think in decades, not headlines.
FUND IT breaks down New Zealand property, interest rates, and wealth strategy so you can make smarter decisions before the crowd.

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