INTEREST INCREASE RISK MINIMAL – NZ
Posted on June 14, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Investors and home owners remember the Reserve Bank (2004 -2007) moving the official cash rate from 4.5% to 8.25% however this is unlikely to be repeated. Most economic forecasters see the OCR remaining constant through the year and interest rates remaining low while the near future looks to deliver low inflation.
Filed under: REAL ESTATE | Tagged: Real Estate