Tagged: Mortgage Rate Forecast

In this latest forecast we stick to the mantra that if you are contemplating fixing your mortgage, then you might as well do it now. Mortgage rates have largely bottomed out, once you factor in the amount of discounts below advertised mortgage rates. You could always wait but then chances are you’ll miss the bottom and before you know it rates will be higher. Our view is to fix half for two or three years and leave half in floating

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 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