Nearly 40% of property owners face mortgage rate resets in the next six months

Nearly 40% of property owners face a mortgage rate reset within the next six months. While the Reserve Bank recently kept the OCR on hold, future increases are still expected.

To manage rising costs, many borrowers are now:

- Moving off shorter 6-12 month fixes

- Shifting to two-year rates for more stability

This signals an end to falling rates, requiring homeowners to adjust to higher costs, though a massive, sudden spike is considered unlikely for now.