Interest Rates

[BigDreamer]

While meeting with our solicitor today to sign loan documents in preparation of our next settlement this week, I curiously asked what was the sharpest rates he has seen from his clients and he mentioned 3 years for 4.20% and 1-2 years at 4.15%.

I managed to get 4.25% for 2 years but no lower.

[xsfat]

4.1% - fixed for 1 year
4.2% - fixed for 2 years
1% discount on revolving credit
$4 K w 4 year lock in

[AlFa]

4.1% - fixed for 1 year
4.2% - fixed for 2 years
1% discount on revolving credit
$4 K w 4 year lock in

What's your lending? $700k+?

[PTILoveYou]

What's your lending? $700k+?

Lools like a refinance deal with BNZ. Mortgage $400k.

[brokerman]

Lools like a refinance deal with BNZ. Mortgage $400k.

Yep, BNZ 1% cash back and 4 year lockin

[AlFa]

I'm getting about $180k new lending from Kiwibank, let's see what they're going to offer

[chrisgoh]

Mortgage rates set to tumble again?

[brokerman]

Mortgage rates set to tumble again?

Nice thought......

[PTILoveYou]

With OCR likely to drop this year, and Fed interest rate rising very slowly, I will still keep fix every 6 or 12 months.

[BigDreamer]

One can only hope, Gary.

[Wayne]

Expect lower mortgage rates in six months: Stephens

[Psilan]

What do you guys think about Tony Alexander from the BNZ.
I get his weekly column, and while I enjoy it, his weekly recommendation on mortgages is permanently stuck on FIX 2-3 years.

[Bluekiwi]

Going back over last 9 years he has been more right than most.

Westpac have been badly wrong in the past.
That Jane Turner at ASB has been awful at times.
The ANZ chap makes sense but his reports are hard for layman to read.

Tony you can understand.
And on interest rates he prefaces his position firstly by saying its a guess and most people have been and are wrong.

[brokerman]

Agreed, Tony tends to make sense and gives a balanced view.

[PTILoveYou]

Dominic Stephens thinks rates will drop in 6months, but his assurer colleagues just raised their 2 and 3 year rates.

What a slap in the face huh?