Refixing mortgage rate tomorrow
| # | Post |
|---|---|
| 1 | What does everyone think, 6months or 1year jen51 - 2021-01-21 19:53:00 |
| 2 | At what rates? sparkychap - 2021-01-21 20:20:00 |
| 3 | 1 yr 2.29 jen51 - 2021-01-21 20:28:00 |
| 4 | I always go at least 2 years if you can, Myself I can't be bothered with the 1 years as it comes around too fast. Each to their own. msigg - 2021-01-22 07:12:00 |
| 5 | Or just go floating for now - it gives you the option to pay down faster if you wish - also some commentators are saying rates may fall further ? ian86 - 2021-01-22 07:23:00 |
| 6 | I think there's just one more fall to come, and possibly not that great. Certainly the RBNZ is indicating they don't think negative rates will be needed - a change from 3-6 months ago as the economy is recovering slightly better than expected. Personally I'm about to refix for 6 months and then fix long term. sparkychap - 2021-01-22 07:28:00 |
| 7 | ian86 wrote: floating is 4.5% plus thou. gabbysnana - 2021-01-22 08:29:00 |
| 8 | My floating is 4.04%. Special rate with ANZ. Fixed is 3.39% until April. joanie04 - 2021-01-22 15:17:00 |
| 9 | Just re-fixed two mortgages - one at BNZ 2.39 and another with ANZ at 2.29 - both for one year. These are rental properties and because of drastic rental changes, we didn't want to fix longer in case we wanted to sell. Capricorngirl mlarkin - 2021-01-22 15:25:00 |
| 10 | I have one coming off a three year at 4.99. Was good at the time. Not so much now. Who knew it would go as low as 2.29 for 12 months? We could be at or under 2 by the end of this year? Could be more also. Anyone got a crystal ball? keys - 2021-01-25 15:10:00 |
| 11 | i fixed at 2.45 in Oct last year for 1 year as I thought it may end up even lower by later this year, so far that seems to be holding true csador - 2021-01-27 09:47:00 |
| 12 | keys wrote: Current thinking is that that's unlikely as the economy has recovered at a faster rate than expected, and so inflation could rise above the RBNZ's target. ANZ, Westpac and Kiwibank have all said in the past week or so that they no longer expect a negative OCR, which means 2% or under is unlikely. sparkychap - 2021-01-27 10:19:00 |
| 13 | Most people going 12 months if that helps, then review. jeffqv - 2021-01-27 10:26:00 |
