To most people staying on a floating rate for your home loan seems the most sensible thing to do at the moment. After all floating rates are priced well below fixed rates and it seems unlikely the Reserve Bank will hike the OCR anytime soon.
Well one man to offer a different theory is TOWER Investment's chief executive Sam Stubbs. He reckons its time to move to fixed rates. See what he is saying here.
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.
New Zealand
The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.
New Zealand
Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.