Rates increasingly look like they have peaked
Inflation numbers have come out higher than expected offshore so expectations have grown that central banks will continue to raise...
Monetary policy still tightening
Two weeks ago I wrote about how fixed mortgage rates for periods of two years and beyond may be at or very close to their peaks th...
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.
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 factor continuing to be record low interest rates.
A shift in longer term rates
ASB is the latest bank to drop their 4 and 5 year mortgage rates below 3%, joining BNZ and Westpac at 2.99% and it won't be long before the other banks follow suit.
Does a mortgage holiday affect your credit score?
During the lockdown, many New Zealanders financially affected by Covid-19 have been taking up the banks' offers of going on a mortgage holiday (also referred to as a repayment deferral).