Home Loan Rate Report: A higher road ahead

  • We expect floating and short-term fixed mortgage interest rates to remain around current levels into 2019.
  • The tick-shaped curve and our expectations of a mild RBNZ tightening cycle suggests shorter-term fixed rates should continue to offer good value.
  • There is the risk that mortgage interest rates increase faster and more significantly than what our forecasts currently assume.  Borrowers should think about their appetite for risk and ability to absorb higher interest rate costs should this occur.

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Kim Mundy


Kim focuses on the subjects that have the ability to impact most people daily - the housing market, mortgage interest rates and inflation. She forecasts, analyses and provides insight into what these topics mean to readers: the pros and cons for particular mortgage rate options, housing affordability, or how to prepare for inflation. Kim is the author for ASB's Home Loan Rate Report, Home Economics and Housing Confidence Survey.

Kim joined ASB in early 2015 after working as an Economic Consultant. She also interned with the New Zealand Treasury while completing her BA/BCom (1st class honours) in Economics, Statistics and Politics.

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