Penguin Finance

Penguin Finance Penguin Finance was founded by Udita - your friendly, approachable mortgage & insurance advise

27/05/2026

🚨RBNZ Warns of Hikes + ASB Drops 1% Cashback!

What the latest housing market shift means for your wallet.
Mortgage Update 27 May 2026

The Reserve Bank held the OCR at 2.25%, but they’ve explicitly warned that rate hikes are coming sooner rather than later.

If you need to refinance or buy, the window to secure a good deal is narrowing. The good news? The price war is on. ASB just dropped a massive 1% cashback offer (LVR dependent) to win over borrowers!đź’°

What does this mean for your choice between a 2-year and 3-year fixed term? Read Tony Alexander’s latest analysis to find out exactly how to manage your interest rate risk before the September hikes hit.

Learn More: call Udita M 0210 250 7297

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