Interest Rates

There are a number of work and professional mortgage discounts available across lenders that are not widely publicised. As mortgage brokers we can access these as well as make sure you’re getting the best possible advice and service

Here is my latest forecast for New Zealand mortgage rates. Although short-term mortgage rates have increased, long-term rates continue to fall due to a weaker-than-expected 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!

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

Key message: don’t panic! With a better understanding of your finances, you won’t break into a sweat every time mortgage rates increase or decrease.