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Latest TrendsFuture interest rate hikes softened15 September 2011 Add your comment  The Reserve Bank has kept the OCR at 2.50% as expected, but had lowered its forecast track for the 90 day bill rate by around 60 basis points... Looking ahead at rates1 July 2011 Add your comment  Tony Alexander said in his Weekly Overview newsletter this week that this is the most uncertain interest rate forecasting environment that we... OCR back to its record low10 March 2011 Add your comment  The official cash rate was cut by 50 basis points today. This brings it back down to its record low since in inception in March 1999. This... ANZ's short-term rate cuts 4 March 2011More borrowers float than ever before 4 February 2011 1 commentKiwibank to make first cuts to rates for 2011 18 January 2011Rates at Christmas 24 December 2010What a difference a year makes 17 December 2010The OCR's road to recovery 9 December 2010Swap rates starting to pick-up 2 December 2010 2 comments |
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Latest Trends
Future interest rate hikes softened
The Reserve Bank has kept the OCR at 2.50% as expected, but had lowered its forecast track for the 90 day bill rate by around 60 basis points (0.6%) to a peak of 4.30% by the end of next year. For borrowers that means floating home loans are not forecast to rise as much as previously forecast. In June the expectation was that the rates would rise 2% in the next 12 months: that figure has now been wound back to 1.4%. MORE » |
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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