Not surprisingly given how much they've risen over the past 18-months or so, a growing number of New Zealanders are worried about interest rates, market research company Roy Morgan says. In the year to June 2021 just over a third of New Zealanders, or 34.6%, were worried about interest rates, Roy Morgan says. “Now nearly two-thirds of New Zealanders who are paying off their home, 63.3%, say they are ‘worried about interest rates at the moment’ – up from a low of only 21.6% in March 2021. With most New Zealand mortgage borrowers choosing fixed-term, rather than floating, mortgage rates, the impact of higher rates is still flowing through to borrowers' finances. % of New Zealanders who agree “I’m worried about interest rates at the moment”% of New Zealanders who agree “I’m worried about interest rates at the moment” by housing category
