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.
Interest rate outlook changes
When it comes to monetary policy, we don't know how wages growth will be affected from one cycle to the next, and can only take a stab as to how pricing decisions will be influenced by changes in consumer demand and comments from the central bank.
Bank funding costs rise
There are a great number of uncertain factors in place and no-one should feel any great certainty about what interest rates will do and how quickly they will do it in the coming year. But Here's what we can say, based on what's happening around the world.
Uncertainty around mortgage interest rates
The past 1-2 weeks has brought quite a pullback in confidence about inflation and monetary policy, but it's not because the economic outlook has suddenly improved.
Inflation risks turning down
It is looking more and more like we will not see mortgage rates go back to where they were two months ago and that as bank competition for the still shrinking number of mortgage applications grows, discounting of fixed rates will soon reappear.
