Floating mortgages
The popularity of floating rate mortgages continues to decline as interest rates rise
The popularity of floating rate mortgages continues to decline as interest rates rise
In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected
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In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected
Even as banks start to raise mortgage rates again, the yields on outstanding mortgages are continuing to drop, albeit slowly
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Even as banks start to raise mortgage rates again, the yields on outstanding mortgages are continuing to drop, albeit slowly
BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week
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BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week
BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one
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BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one
Did your mortgage broker 'suggest' shifting to a floating mortgage rate now in preparation for lower fixed rates in the future would be a good idea? You might want to re-think the quality of that 'suggestion'
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Did your mortgage broker 'suggest' shifting to a floating mortgage rate now in preparation for lower fixed rates in the future would be a good idea? You might want to re-think the quality of that 'suggestion'
Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle
Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle
BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
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BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
[updated]
Antonia Watson says ANZ NZ doesn't try to hold back interest rate cuts from borrowers via slow post-OCR cut rate changes
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Antonia Watson says ANZ NZ doesn't try to hold back interest rate cuts from borrowers via slow post-OCR cut rate changes
BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
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BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
ASB ending its low interest lending campaign to borrowers who are building new houses
ASB ending its low interest lending campaign to borrowers who are building new houses
Westpac follows ANZ, only cuts floating rate by -10 bps to 5.75%, spurning the RBNZ
Mortgage broker says RBNZ's interest rate hike has prompted surge of people seeking to break fixed mortgage deals and get a longer term loan
Mortgage broker says RBNZ's interest rate hike has prompted surge of people seeking to break fixed mortgage deals and get a longer term loan
Bernard Hickey looks at whether or fix or float, what's happening with house prices, and what economists are saying
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Bernard Hickey looks at whether or fix or float, what's happening with house prices, and what economists are saying
Bernard Hickey looks at whether or fix or float, what's happening with house prices, and what economists are saying
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Bernard Hickey looks at whether or fix or float, what's happening with house prices, and what economists are saying