IF I WERE A BORROWER WHAT WOULD I DO?
Posted on March 21st, 2014 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
With the OCR rate increase, it pays to remember two vitally important things as you contemplate whether to switch to a fixed rate and when to do it. First, every policy tightening period is a suck-it-and-see exercise. You never know for certain how borrowers, savers, businesses, and the exchange rate will react to rising interest […]
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