Will OCR drop again next year Feb 2020?

[Chelsea]

My loan expires in beginning of Jan 2020, should I wait for next OCR review, which will be in 12th Feb (correct if I'm wrong), should I wait for next review?
I think it's likely to drop again, your view?

[eri]

who knows

yesterday it looked a like a drop was likely the next move

but today the reserve bank's actions make it look like the next move could be up

https://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=12291249

then try and factor in wildcard winston making promises he can't keep, or can he?, to get enough votes to save his party in an election year

https://www.nzherald.co.nz/business/...ectid=12291352

[Bob Kane]

Waste of time agonizing over it.
Unlikely to drop.
Have many loans expiring throughout the year and spread the risk that way.

[OnTheMove]

I think the recent talk about the 2008 GFC and the $113 potential bail out for big banks and the stiffening of the RBNZ will result in a rise but I dont think it will be a % to be concerned over. Maybe look up economic expectations on $100k etc which I heard on the radio but have forgotten. Of course if its a large mortgage, any hike can be annoying.

[Hound]

Interest rates don't appear to be rising offshore, which makes such rises less likely here in NZ.