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It's not in the bag yet, but most are picking another big OCR reduction in November—so, by opting to float in the short-term, borrowers could stand to benefit from further rate falls come December.
Since the Reserve Bank dropped the Official Cash Rate (OCR) by a bumper 0.50% last week, it’s been all eyes on mortgage rates. The banks were quick to pass the full reduction on to their floating ...
With further interest rate cuts in the pipeline before Christmas, it may be worth holding off on refixing—and opting to float instead. With the widespread expectation being that we're headed for ...
With further interest rate cuts in the pipeline before Christmas, it may be worth holding off on refixing—and opting to float inst... ASB is the latest bank to drop their 4 and 5 year mortgage rates ...
With the widespread expectation being that we're headed for another 0.25% OCR decrease in October, that could put us on track for ...
Bank mortgage rates have been tracking downwards in the wake of the RBNZ's OCR cut. With longer-term rates sitting much lower than shorter-term fixed rates, borrowers need to be wary of that ...
Bank mortgage rates have been tracking downwards in the wake of the RBNZ's OCR cut. With longer-term rates sitting much lower than shorter-term fixed rates, borrowers need to be wary of that ...
Use our mortgage calculators to make smarter decisions that save you money in the long-run. Work out how much you can borrow for a mortgage or use the mortgage repayment calculator to figure out what ...
The new year of 2023 is upon us and the big concern for people who did not lock their mortgage interest rate in for five years when rates were 3% or thereabouts over 2020-21 is how much higher fixed ...