2010
Mortgage Rates | Forecast after July OCR
Filed under: Featured, Interest Rates, NZ 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
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
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
Long-term wholesale interest rates have been dropping, which reinforces what we’ve been saying for a while – that the market overcooked its forecast on interest rates. Rates will increase, but not as quickly as the market initially priced in. The 5 year funding rate has dropped half a percent to 5.30% since it peaked
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