
Mortgage News
Floating rates flat for seven more months
Thursday 11th of September 2014
“Market pricing suggests the next full 25 basis point hike is expected by April 2015.”
The markets are pricing in an OCR of 3.97% by the end of 2015, which is lower than the 4.20% forecast after the June Monetary Policy Statement.
This means that floating home loan rates will stay at current levels until then.
Fixed rates, which are largely determined off is happening in of...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
2 min read
4 min read
Latest News
3 min read
2 min read
3 min read
2 min read
2 min read
2 min read
Latest Comments