
Mortgage News
Conflicting views on interest rate movements
Tuesday 20th of May 2008
The ASB survey, released today, shows that the majority of respondents (54%) expect higher interest rates in the next 12 months.
It says that 62% of people expect higher interest rates, 8% expect decreases and 17% believe interest rates will stay the same. The remaining 13% don't know what will happen.
ASB economist Nick Tuffley says this is one of the reasons people expect house prices...
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