21 Aug
2010
2010
NZ Mortgage Rate Forecast | Wet and Wild with Patches of Sun
Filed under: Featured, Interest Rates, NZ Economy
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
If rates pan out as I expect then you’ll pay 20% less interest using short-term rates. On a $400,000 mortgage that equates to an extra $32,000 off your mortgage in five years’ time
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