Wednesday, September 12, 2012

OCR Unchanged

The current outlook as indicated from the Reserve Bank is for a "flat 90 day bill rate suggesting floating mortgage rates are likely to be flat well into late 2013 before rising around 60 basis points through the end of 2013 and into 2014."

"Domestically, the Reserve Bank continues to expect economic activity to grow modestly over the next few years" and "Housing market activity continues to increase as forecast, and repairs and reconstruction in Canterbury are expected to further boost the construction sector".

See full article here

What does this mean for you? Good news...
It is time to take action with your mortgage or to climb on the property ladder and buy your first home! It would appear interest rates are not going to do anything drastic any time soon so it is time to take advantage of all time low rates.

The lenders are hungry for business and continue to provide us great home loan packages - we will negotiate the best possible deal for you.

We are here to make your property dreams come true!

First Home Buyers | Rental Property | Holiday Home | Build project
Commercial Property | Development Funding
Debt Consolidation | Refinance


Whether you are a first home buyer, looking to grow your property portfolio or focus on shrinking your debt, we have the expertise here ready to listen and help you take action.

For a coffee and chat about your circumstances
freephone 0800 823 823 today.

Got a question? Email a Query

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