500,000 home loans up for renewal next month. If you've found the renewal process a tad long recently it may get more so with so many homeowners scrambling for the best rates all at the same time!
We're all looking forward to spending less on loan repayments. $300 a fortnight...
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Half a million home loans up for renewal in June
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Will OCR drop again next year Feb 2020?
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? -
Interest rates, fix now or wait until November?
I have a mortgage of $300K at a fixed rate of 4.99% finishing up in November this year.
The plan for me has always been to sell this property in 2017, so I would be looking to refix for 3 years. With the OCR projected to rise 0.25 every quarter, I am assuming banks current fixed rates will... -
OCR Down - 5 year rate ?
Whats the chances of this .5% OCR cutt to 2.5% having even a slight affect on 5 year rates ?
If the RB keep it at this level next 2 to 3 months any chance of an international easing and the 7.5% 5 year rate coming down to 7.25 or 7.0 ? -
Mortgage Approvals Weak and OCR could be cut - Interest.co.nz
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OCR drop
Economists are predicting a .25% drop of the OCR tomorrow.
Economists have a very high success rate of predicting incorrectly.
We're probably looking at, at least a .50% drop.
The housing market is ready for it's next kickstart.
Oil prices are dropping and inflation prospects... -
Wellington Property Investors Assn - Membership meeting
Date: Monday 25 August 2008
Time: 7.15 pm
Venue: The Lecture Theatre, The Royal Society Building,
11 Turnbull Street, Thorndon
Speaker Information
Khoon Goh, Senior Economist and Michael Hutchinson, Senior Manager Credit Strategy—National Bank
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Why your mortgage rate must rise
Hi Guys
Article in this morning's Sunday Times:
Regards...
