Tuesday, 25 May 2021, 10:46 am
A slew of banks have moved their fixed loan rates in both
directions in recent weeks, yet experts believe further rate
changes could still be on the cards.
In this month’s
Finder RBNZ
Official Cash Rate Survey, 13 experts and economists
weighed in on future official cash rate (OCR) moves and
other issues related to the state of New Zealand’s
economy.
While all experts surveyed predict the OCR to
remain at 0.25% this month, over half of those who weighed
in (58%, 7/12) believe further rate changes may be announced
within the coming months.
In the second half of April
Press Release – Finder
A slew of banks have moved their fixed loan rates in both directions in recent weeks, yet experts believe further rate changes could still be on the cards.
In this month’s Finder RBNZ Official Cash Rate Survey, 13 experts and economists weighed in on future official cash rate (OCR) moves and other issues related to the state of New Zealand’s economy.
While all experts surveyed predict the OCR to remain at 0.25% this month, over half of those who weighed in (58%, 7/12) believe further rate changes may be announced within the coming months.
In the second half of April 2021, several banks nudged their 1-year fixed mortgage interest rate down by 0.04% and their 2-year rate by 0.1%
News highlights: Majority of experts expect rents to increase due to higher investor costs 57% disagree with extending the bright-line test All experts predict the OCR to hold at 0.25% in April Experts are concerned that tenants will cop higher rents .
auckland scoop co nz » RBNZ Survey: 69% Of Experts Predict Rents Will Rise Under New Housing Policies scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.