Interest rates

We were absolutely thrilled yesterday to hear the Reserve Bank Governor announced that he was keeping the OCR the same. As I have mentioned in past newsletters, it is reviewed every 6 weeks on a Thursday. Sometimes it is a live telecast and we all sit in the office...

To fix or not to fix

The financial crisis certainly has made it interesting times. With something like 74% of all mortgages due to mature off their fixed rates this year, 2010 is not only going to be interesting but stressful for some. Do we fix or do we float? When are rates likely to...