Your October New Zealand interest rates update (And what actions you should take)

The current fixed-term rate of 3.15% hit the lowest in New Zealand interest rate history. It’s the best home loan interest rates ever.You might be wondering how long I should fix my mortgage for 2019? Will interest rates go down again in 2019 and 2020? And what actions should I take to capture current low rates?

That’s why we’ll update with you the current (October 2019) mortgage rates and our forecast on 2020 New Zealand mortgage rates, so that you can make an informed decision on how long you should re-fix your home loans. We’ll also share some tips with you on how to pay off your mortgage faster, and some other useful things that you can do.

Learn more: https://prosperityfinance.co.nz/blog/your-october-new-zealand-interest-rates-update--and-what-actions-you-should-take-

Video Timeline:
1. October update: Current New Zealand interest rates -- 00:28
2. New Zealand mortgage rates forecast 2020 -- 3:11
3. How long should I fix my mortgage for in 2019 and 2020? -- 05:26
4. To take advantage of current low interest rates, how can I pay off your mortgage faster, borrow more money, and review my loan structure? -- 06:54
5. Prosperity Finance offer a free loan review service -- 08:28

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Is 2019 a good time to invest in property even though New Zealand’s housing market is flat?
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Should I still refinance my mortgage even if my current rates are good?
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