MR - Experts Views

Budget for floating rates to rise 3%

Monday 25th of January 2010

In the first weekly overview of 2012 he says the markets are of the opinion that a tightening could come as early as March but ASB's expectation remains that the first tightening will come mid-year.

He says this means that floating rate borrowers should long have been budgeting for their floating rate costs...

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