Opinion* Yes, now is probably the best time to fix.
Tony Alexander, the chief economist at the BNZ has come out this week saying he would be looking to fix for 3 years.
“Many Economists and some Banks are now predicting a possible interest rate rise as soon as next Thursday”.
I suggest you contact an Expert broker
FOR THE REASONS WHY
Remember. Even if you stay with your current bank. Having expert advice going into that negotiation is invaluable. Don’t be a Rack Rate Charlie. Get Expert advice.
Mortgage Brokers are not created equal. I am happy to get you in touch with a proven expert. ( Free of course )
T 0800 ( Be Wealthy ) (239325)
Head Office. Level 16 Vodafone on the Quay
157 Lambton Quay
Wellington 6011 New Zealand
Christchurch. Level 1. 285 Lincoln Rd
Auckland. Level 27. PWC Centre. 188 Quay St.
T 0800 ( Be Wealthy ) (239325 )
Overseas. +64 460 5273
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M +64 21 398 308
* Disclaimer. This is the opinion of the author Matt Power.
Please discuss your particular situation with a mortgage broker, or alternatively an authorised or registered financial advisor.