Time to fix approaching
Friday, April 23rd 2010, 10:11AM
In mortgage rates news BNZ economist Tony Alexander says borrowers could think opportunistically about hopping into a two-year rate in the next two or three months just ahead of the Reserve Bank tightening monetary policy.
Economists make predictions about next week's Official Cash Rate (OCR) announcement and also look at the consumer price index (CPI). We have a story announcing the results which were lower than expected.
We also have a graph showing the annual and quarterly percentage change in the CPI since March 1998 and how the OCR corresponds.
As for mortgage rates, they have been untouched this week as we anticipate next week's OCR review.
| « SBS makes cuts twice | OCR held plus first mortagage rate change in two weeks » |
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