Photo: RNZ
New Zealanders generally like to lock in for the cheapest home loan rates on offer.
But some commentators say it could pay off to try something different now.
When the Reserve Bank cut the official cash rate this week, to 2.25 percent, it made it clear that it thinks it is likely that may be as low as the OCR goes this cycle.
Wholesale interest rates lifted a little in response, and some market commentators have already turned their attention to when rates might start to rise again.
Economists at the country's biggest bank, ANZ, said it was worth borrower
Continue Reading on RNZ
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.