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Reader poll

Should you fix your mortgage now or stay floating?

Choices

Housing Report: 2 year fixed mortgage rates stable after long drop

Posted in News July 22, 2009 - 01:49pm, Bernard Hickey

Bernard Hickey delivers a Housing Report in association with ASB on the average 2 year fixed mortgage rate and how it dropped sharply through 2008, bounced a bit in March, April and May and has been stable since. Here's an interactive chart on fixed mortgage rates. Here is a link to all mortgage rates offered in New Zealand.

Related Topics

    • We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

    We welcome your comments below. If you are not already registered, please register to comment in the box on the right or click on the "'Register" link at the bottom of the comments. Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making these comments.

    by steven | 22 Jul 09, 2:46pm

    @Interest: still having issues with

    @Interest : still having issues with the volume.

    Thanks Steven - have you tried fiddling with the balance control ? The issue is that sound is not recording properly on both channels.

    When the magical pixies stop looking for cash at the bottom of Phil Goff's garden I am going to ask them to buy me a new video camera.

    Bryan Spondre

    by Simon | 22 Jul 09, 3:10pm

    Another question to ask is

    Another question to ask is do I want to be a mortgage slave like many who bought a house at an inflated price in the last four years?

    by DeeDeeJ | 22 Jul 09, 4:22pm

    Where's Wally?

    Where's Wally?

    by garkenro | 22 Jul 09, 4:46pm

    Find Wally http://technology360.typepad.com/photos/uncategorized

    Find Wally

    http://technology360.typepad.com/photos/uncategorized/waldo.jpg

    by Wally | 22 Jul 09, 4:55pm

    Never in the history of

    Never in the history of New Zealand has so much been owed by so many to so few!

    by The Bank Manager | 23 Jul 09, 8:13am

    5.99% for 2 years fixed

    5.99% for 2 years fixed from TSB looks like a winner. They are also pushing no deposit loans at http://www.tsb.co.nz/lending/welcome_home_loan.php

    by Steptoe (Steps) | 23 Jul 09, 9:16am

    "5.99% for 2 years fixed

    "5.99% for 2 years fixed from TSB looks like a winner."

    Then what will the rates be in 2 yrs time?
    long term planning is needed for long term investment.