The Biggest NZ Bank Forecasts Cheaper Home Loans & What You Should Do
๐ 2-minute read
ANZ research team forecasts OCR will drop by nearly 40% (from 1.75 to 1.00).
I tend to agree because the Reserve Bank of New Zealand has signalled that the next move in the Official Cash Rate more likely to be down.
Short-term mortgage rates have already fallen recently.
Therefore, you may want to stay away from long-term loan contracts unless you want to be 100% sure about your repayments and will not regret the possible savings.
Learn more in the link below
www.maximsherstobitov.nz...
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