Kiwibank chief economist Jarrod Kerr said that in May, he had been expecting to see an interest rate lift at the start of next year - however, we are now looking at two rate increases this year, with more to come next year.
Commenting on the rise in mortgage rates, The Mortgage Supply Co director David Windler said while his clients are not panicking yet, they are still “mindful” of the incoming increase in costs, with more and more looking to fix for longer terms to get certainty. # SANDI HALPERN # SOLD # LEASED # INTEREST RATES
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