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Results: Mortgage Rates

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17 June 2022

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 ...

Person holding out empty pockets
03 June 2022

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...

Hands, ruler, person measuring and drawing with pencil
23 May 2022

Shorter fixed term mortgage rates preferred

I sometimes struggle to remain polite when journalists ask me if the rising rates environment means now is a good time to fix for ...

17 December 2021

2022 will bring more mortgage rate increases

We started 2021 with the average one year fixed mortgage rate at 2.49%, the three year rate at 2.65%, and the five year rate 2.99%.

Bag with 2022 on the tag
03 December 2021

Monetary policy tightening already in place

Over nearly 3 years the OCR increased from 5.0% to 7.25%. But the 3-year fixed mortgage rate barely increased. Contrast that with the current situation of this rate rising 1.8% the past six months while the Reserve Bank’s cash rate has gone up only 0.5%.

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22 November 2021

Fixed rate hikes reflect market expectations

Mortgage interest rates have now risen by between 1.3% and 1.8% from where they were less than six months ago as banks have reacted to sharp increases in their cost of funds.

Street with lit up signs
22 October 2021

Soaring inflation raises mortgage rate risks

For quite a few months now my central theme with regard to interest rates has been fairly clear. Inflation risks are rising, the Reserve Bank will tighten, and chances are they will tighten by considerably more than people are comfortably thinking.

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