INTEREST RATES STUCK (NEW ZEALAND)
Posted on February 7, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
A bit like a broken record really, but yet again Dr Bollard has held the COR and 2.5% and indicated what all the pundits have been saying, that rates will likely remain low through the end of this year and pending progress and reach of the Euro crisis, possibly well into 2013.
One thing this does mean is that we can all plan without financial fear. For those who like absolute surety, the option of fixing low rates could well become compelling later in the year too.
Filed under: REAL ESTATE | Tagged: Real Estate