Interest Rates

[Bluekiwi]

Playing Chicken with the chinese situation
Very brave.

[dandan]

BNZ launches 4.95% mortgage rates for fixed terms of 6 mths and 1 year (LVR 80% or less)
interest.co.nz

[NovInvestor]

6 months fixed is the new floating.

[Wayne]

with unemployment up 3rd Q in a row you just watch the OCR come down a notch next time.

[Bluekiwi]

6 months fixed is the new floating.

I have just come to realise that in the last week or so.
I like the phrase.

Good work Expert Investor (you got to change your signature now buddy with 7 IP's).

[NovInvestor]

I have just come to realise that in the last week or so.
I like the phrase.

Good work Expert Investor (you got to change your signature now buddy with 7 IP's).

I won't call myself an expert until I have reached financial freedom, ie quit my day job, and live of 8-10 mortgage free units/houses ;-)

Then I can get a few students of my own haha!

[Bluekiwi]

Not a bad long term strategy.
Plus it would be quite cool helping people on the right track and avoiding the pitfalls.

[Hound]

Westpac joins the party, 6 & 12 months 4.95% The Public Trust are doing a similar offer as well, do Westpac still have the Govt banking contract?

[speights boy]

....and KiwiBank move the other way.
6m, 1 & 2 yr increased.

[BigRedDog]

....and KiwiBank move the other way.
6m, 1 & 2 yr increased.

Their credit downgrading must be hurting them

[Toasty]

Their credit downgrading must be hurting them

They deserve it!

[dandan]

4.85% Kiwi bank 6 months with no equity restrictions looks interesting
http://www.interest.co.nz/property/6...y-restrictions
Should go lower

[Commercial Dan]

4.85% Kiwi bank 6 months with no equity restrictions looks interesting
http://www.interest.co.nz/property/6...y-restrictions
Should go lower

They will go lower, we will see 4.50% in the next 12 months at some short term. Rates will be low for years yet, great time to get into property, buy buy buy!!.

[essence]

OCR left at 2.5pc + live webcast

Thursday Dec 6, 2012

Reserve Bank governor Graeme Wheeler has kept the official cash rate at 2.5 per cent, as expected, saying monetary policy is still focused on future inflation and that he's looking for any sign of more softening in prices.

http://www.nzherald.co.nz/business/n...ectid=10852092

[Keys]

"future inflation"

FFS!