I have heard they are going to hit 3% in the next 6mths, so am thinking of breaking my fixed term and floating until they hit the 3%
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No announcement yet.
What are interest rates going to do?
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They are going down and then go up. No one can predict... What are you locked on now?New Zealand's #1 Marketplace for Property Investors & Sellers!
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What is the net yield on the property you locked at 5.45% ?
And what round be the brake fee Rocket ?New Zealand's #1 Marketplace for Property Investors & Sellers!
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OCR has a way to go downward, not convinced fixed will drop that much more. Break fees getting pretty heavy from recent experience so do the maths first!www.ilender.co.nz
Financial Paramedics
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Originally posted by speights boy View PostAlso, will be interesting to see if the banks are told to apply a separate "Auckland investors rate"www.ilender.co.nz
Financial Paramedics
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Agreed in part. The overall demand for Auckland far exceeds anything local Investors do so regardless of anything the RB does in this regard Auckland will continue to rocket. Auckland needs 25,000 dwellings now to satisfy current demand, not going to happen!www.ilender.co.nz
Financial Paramedics
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Originally posted by speights boy View PostWhich is why demand measures will be implemented sooner rather than later.www.ilender.co.nz
Financial Paramedics
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