MR - Experts Views

Mortgage borrowing strategy

Monday 18th of May 2009

We expect short-term mortgage rates to remain biased lower over the months ahead.

Despite Reserve Bank governor Alan Bollard warning that the OCR would remain at or below current levels until late 2010, wholesale markets continue to price in rising interest rates.  This tension, and intertwined with high deposit rates, could take some time to resolve and is expected to keep the yiel...

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