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
2010
Renting Versus Buying First Home
Filed under: First Home Buyers, Housing Market, Mortgages
Buying your first home will almost always make better sense than renting. That is unless you live with 5 other flatties, eat bake beans, and have a communal shower. That is hard economics to beat under any scenario!
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
most recent posts
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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