Archive of: Fix or float
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Westpac say fix, ANZ say float posted March 12, 2012
Last week the RBNZ Governor kept the Official Cash Rate unchanged – no surprises there. However he also reduced their forecast of future rate rises. This is something the market had predicted and we’ve seen the longer term fixed rates fall over recent months, somewhat to our surprise. You’re now able to fix for 3 [...]
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Mortgage Round Up – Sept 2010 posted May 15, 2011
Do we do have momentum? There is no doubt that the economy is recovering, albeit slowly and on a slower basis than previous months. Yes it’s a bit patchy with uncertainty still holding us in check but this will be the pattern for the balance of the 2010. Economic Background New Zealand will always feel the [...]
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Round Up – July 2010 posted May 15, 2011
Media make rate rises more dramatic than they really are Interest rates getting back to normal Lending criteria remains conservative To fix or float? Are your hands getting numb yet? Surely consumers must have pins and needles by now because as an economy we have been bashed about so much over the past couple of years [...]
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