Old Mortgage News
RBNZ sounds less relaxed
Thursday 19th of September 2013
In last week’s MPS the RBNZ raised its interest rate forecasts by around 50bps
- We still see a first OCR hike in March next year, and expect floating rates to be 2.0% higher in two years
- As the market holds a similar view, wholesale fixed rates sit close to ‘break-even’ relative to expected floating rates
- However, fixed rates offer prot...
Want to read the full article?
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
Latest News
2 min read
4 min read
2 min read
3 min read
Latest Comments