
Mortgage News
Rates may not rise as quickly as expected: Economists

Friday 6th of June 2014
All but one of the economists surveyed by mortgagerates.co.nz this week expect the official cash rate to be lifted by 25 basis points next week. But many expected only two more increases throughout the rest of the year.
Tom Kennedy, of JP Morgan, said he thought it was a 50/50 call whether the rate was increased in June or July. But, he said, given the data that has come out...
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