A global interest rate shock is underway
As a result of annual inflation rates surprising on the high side overseas, recent renewed increases in energy prices, and rising ...
A new 'least regrets' policy from the Reserve Bank of NZ
On May 25, the Reserve Bank of New Zealand told us that they have decided to implement a new “least regrets” policy which is compl...
Why you might be better to break your home loan early
Typically you refix your loan at the end of your loan term, but it can make sense to break a loan and refix for a long term benefit.
Two triggers for rate rises
At some stage banks will raise their fixed lending rates to avoid locking in lending at low margins for a number of years. There are two potential triggers for these rate rises, according to Economist Tony Alexander
New borrowers will pay more
If borrowers are approaching taking on a new mortgage with a view (conscious or not) that rates tend to fall over time and debt management is made easy, they had best think again.
Mortgage rates set to go under 2%
Following the recent speculation around New Zealand’s Official Cash Rate heading into the negatives, economists are expecting that we could be seeing home loan interest rates drop below 2% for the next couple of years.