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 floatingShare on Facebook
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 economyShare on Facebook
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