2010
Mortgage Rates | Forecast after July OCR
Filed under: Featured, Interest Rates, NZ Economy
The next Reserve Bank OCR announcement is on 29th July so I thought I’d line up a few graphs and talk about what might happen. We are sure living in interesting times!
2010
Mortgage Rates | Fasten your Seatbelts
Filed under: Featured, Housing Market, Interest Rates, NZ Economy
The Reserve Bank is going to have to keep mortgage rates low to prevent a collapse in consumption and the flow on impact on the economy. In my opinion we are in for a sustained period of low interest rates
2010
Mortgage Rates | Rates on the increase
Filed under: Featured, Interest Rates, Mortgages, NZ Economy
Short term fixed mortgage rates have started to increase in anticipation of a June increase in the Official Cash Rate which now looks almost certain.
Some of the key factors behind this are a lower unemployment figure and strong commodity prices signaling that the economy is recovering. The RBNZ has always talked about increasing rates in
The OCR party continued today with a stay of execution but I’d still be inclined to start considering fixing part of your mortgage for 12-18 months
2010
Mortgage Rates | Do they really need to increase?
Filed under: Interest Rates, NZ Economy
Bank Economists seem to talk up mortgage rates but I’m not so sure! When you look at the fundamentals I struggle to see why rates need to increase much at all
most recent posts
-
Musings | Bank Economist versus Pikelet the Pig
July 31st 2010 -
NZ | Buying Property in New Zealand
July 25th 2010 -
Mortgage Rates | Forecast after July OCR
July 17th 2010 -
First Home | Kiwi Saver Deposit Subsidy
June 17th 2010 -
Credit Crisis | How the Housing-Life Cycle is Broken
June 13th 2010