Understanding the Home Loan Interest Rate Curve and how to choose the right Fixed Rate Tenor for You
August 19th, 2020
ANZ and ASB’s economists announced yesterday that the prospect of negative interest rates is very real after March 2021. So far the RBNZ told us that the OCR would remain steady at 0.25% until March, but ANZ and ASB are now predicting an immediate OCR cut in April 2021.
What does that mean for property investors weighing up how long to fix their loan for?