We're excited to announce the completion of our merger with iconic Wellington-based mortgage company, the The Home Loan Shop, as it officially rebrands to Squirrel.
New Zealand has narrowly escaped the technical recession that was called a few months back — but Kiwi households are still feeling the pressure from high interest rates. So with an Official Cash Rate (OCR) announcement on the cards for 4th October, what’s likely to happen with mortgage rates from here?
Sticking to the path it laid out for us in July, the RBNZ has opted to hold the OCR steady at 5.50% - and they're saying it might be 2025 before rates start to come down again. But global uncertainties, deflationary forces in China and the upcoming election has everyone holding their breath.
Bank margins in New Zealand are at record levels right now – higher than they’ve been in about 10 years. So why are headlines painting the image that bank margins are worryingly low?
Welcome to Live at the Nut Bar where Squirrel Founder John Bolton (better known as JB) and Chief David Cunningham sit down weekly to chew the fat about things like finance, the economy, investing and what's happening with mortgage interest rates. Knowing these two, there are plenty of laughs along the way as well as the odd debate, of course.
Kiwi are missing out on roughly $2 billion of interest each year on “lazy” money sitting in their transaction accounts — so we’ve stacked up Aotearoa’s best and worst savings accounts to help you unlock your share.
There have been big things in the works at Squirrel! Today we're announcing our merger with The Home Loan Shop under the Squirrel brand, and our newly-minted partnership with enable.me.
Today we're announcing the appointment of David Cunningham as Squirrel's new CEO, set to take up the role in July 2022.
In our evolving interconnected world, coronavirus has become the perfect tabloid media clickbait. It plays straight into our anxieties and fears. We are lemmings with an inherent magnetism towards mass hysteria. Let's get some perspective.
Most media commentators are hooked on the new ‘rate war’, and the question being asked is if this is the new ‘norm.’ It isn’t, and more than that, you could easily miss out if you procrastinate.
In typical tabloid fashion, the media desperately try to make news out of anything that drives fear and every eight weeks or so we have the anticipated build up to an OCR announcement.