Results: Interest Rates
Three decades of falling interest rates are over
New Zealand has had a period of falling inflation and interest rates for over three decades. That period has now ended and both wi...
How the OCR could double monthly mortgage interest payments
If the official cash rate gets raised from 0.25% to 2.25%, we can anticipate that the one-year fixed rate to go from the current 2...
Mortgage interest rates are set to rise
In New Zealand the current general expectation is that this removal of the sugar bowl will commence in the second half of next year. One or two forecasters are suggesting the first half.
Fixed rate rises delayed for now
A couple of weeks ago, discussions centred around increases in bank borrowing costs and rapidly decreasing margins on fixed rate mortgage lending. The chances of that have now decreased, but rate rises are still on the cards before the middle of the year.
Fixed mortgage interest rates on a timer
Wholesale interest rates in NZ fell to record low levels around October last year. Since then however, we have seen a radical shift in expectations for growth, inflation, and monetary policy settings around the world on the back of three key developments.
Higher interest rates for property investors unlikely
Reserve Bank decide it will help first home buyers by slugging investors regardless of their risk profile? No; they are not charged with social engineering. If the Government wants to bias the housing market, it will need to make its own changes.