These are volatile times and dramatic times due to the advent of Covid-19 and mortgage interest rates are not exempt from

This – here is a recent Market Commentary on home loan rates, this one from ASB. https://www.asb.co.nz/content/dam/asb/documents/reports/home-loan-rate-report/home-loan-rate-report-August-2020.pdf In Summary, the Reserve Bank lowered the OCR in Sept/Oct 2019 by a surprising 0.5% at the time and this, plus further lowering of the OCR signalled since by the RB to likely negative wholesale interest rates within…

New Blood and Water Shortage

Time make it inevitable that in every profession, young men replace the old, new blood replace the aged, and fresh takes over the mature. On 10th June, Real Estate Authority (REA) welcomes a new Chief Executive. Belinda Moffat was appointed to be the permanent Chief Executive who replaced Kevin Lampen-Smith who left REA in May.…