They haven't got a clue, its all crystal ball gazing and at the end of the day you should do what's right for you and your circumstances. Buy, sell, buy and hold, buy and trade. How will things look if we have Little as PM come next elections and the Greens and The Opportunities Party in power? See ya later for the next 3 years, someone can rent my place cause I won't be here. Time to embark on a long awaited OE!!
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Originally posted by Don't believe the Hype View Postwhich bank? What level of borrowing? What LVR?Last edited by Wellington Broker; 03-02-2017, 08:08 PM.
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Crazy, 6 months ago the 12 month rate was the 5 year rateFree online Property Investment Course from iFindProperty, a residential investment property agency.
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Originally posted by eri View PostOCR may stay at 1.75pc until 2020
but banks will keep raising mortgage rates anyway
http://www.stuff.co.nz/business/8922...review-of-2017
Wonder why the banks feel the need to charge borrowers more and more.?
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Originally posted by eri View PostOCR may stay at 1.75pc until 2020
but banks will keep raising mortgage rates anyway
http://www.stuff.co.nz/business/8922...review-of-2017
What is the relationship between the OCR and mortgage rates?
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Banks profits down a bit for the first time in 7 years.
Bank profits fell for the first time in seven years last year on the back of growing competition and a squeeze on bank margins.
It has amazed me how we had a GFC and the banks started making more and more money just after that occurred.
They've been absolutely creaming it for 7 years.
Should have bought some bank shares back then!Squadly dinky do!
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