Rate rise on the way

[donna]

Just heard on the news that there's a rate rise on the way - has strengthened the NZ Dollar.....umm is this good news or bad?

Bad if you are re-financing soon.



Cheers,

Donna

...still testing out all the new smilies - this one is called 'gossip'.

[roseneath_rat]

Bad news for most borrowers, plus it will worsen the already hideous current account deficit.