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Floating rates calm - for now

Thursday, July 9th 2009, 1:36PM

Economists surveyed by Mortgagerates.co.nz say that floating home loan rates will stay down until early next year (and could even fall further from their current levels). However when these rates start to increase they may rise quite quickly and strongly, going from around the 6% mark to more than 8%. Check and compare what banks are currently offering here.

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Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.

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