Results: Mortgage Rates
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 m...
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 ma...
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 f...
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.
Central banks are going to keep interest rates low
There are three central banks whose comments and policies are of high importance to interest rate movements and prospects in New Zealand. Most important is our own Reserve Bank, the United States Federal Reserve Board, and the Reserve Bank of Australia.
