Astronomical bank charges for breaking a mortgage can be avoided by not locking into fixed rates too far ahead, one mortgage broker says. Ref. Source 2
Homeowners can look forward to another round of mortgage rate cuts if, as expected, the Reserve Bank slashes the official interest rate to 4 percent or less today. Ref. Source 8
New Zealand Mortgages History & Civil Business Politics
Fix your mortgage, home buyers told
Home buyers can expect mortgage interest rates to start rising by the middle of next year and be 3 per cent higher in 18 months, economists say. Ref. Source 8
A Hamilton man says he'll never lease a house to Housing New Zealand again after tenants trashed his Pukete property, causing $30,000 in damage. Ref. Source 1
Mortgage interest rates could rise and public servants will face an even tighter squeeze after last week's double credit rating downgrade, the Government says. Ref. Source 9
Homeowners are being told that it is time to move from floating rate mortgages back to fixed-term rates before a rush that could drive rates up sharply. Ref. Source 3
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