News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Shifting interest rate risks
Welcome to 2021 and another year when in all probability house prices will continue to rise at a strong pace, with a key driving factor continuing to be record low interest rates.
Record low rates will one day end
Let’s have a look back at the year and what has happened in the area of interest rates, and where things are likely to go.
Have we all been wrong about interest rates remaining low?
Virtually everybody taking out a mortgage at the moment is fixing their interest rate for a one-year period. The trouble with this approach is that it can leave borrowers quite badly exposed when interest rates go up.
Low interest rates and high house prices
The commonly accepted view is that New Zealand house prices have soared 500% since 1992 because of insufficient construction. This is not true.
