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
2010
NZ Mortgage Rates will stay Low for 2010
Filed under: Featured, Interest Rates, NZ Economy
Finally everyone is starting to “get it.” Mortgage rates are going nowhere fast, so there is great value in sticking with floating and short term fixed rates
Long-term wholesale interest rates have been dropping, which reinforces what we’ve been saying for a while – that the market overcooked its forecast on interest rates. Rates will increase, but not as quickly as the market initially priced in. The 5 year funding rate has dropped half a percent to 5.30% since it peaked in
ASB has just increased it fixed rates again! It has been the first bank to lift its fixed rates every time since rates started going up in September 2009. (Four rate increases.) I’m wondering if I’m the only person that notices these things. On the other hand, and to their credit, they were the only
most recent posts
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Mortgage Packages | Best Mortgage Deals
August 21st 2010 -
NZ Mortgage Rate Forecast | Wet and wild with patches of sun
August 21st 2010 -
First Home Buyers | A New Mindset
August 7th 2010 -
Musings | Bank Economist versus Pikelet the Pig
July 31st 2010 -
NZ Mortgages | Buying Property in New Zealand
July 25th 2010