Feature article
To float or fix long (or short)?
Which mortgage type is best in the current market
AI summary
Deciding whether to float or fix your mortgage is now more complex. While short-term rates were recently popular, Reserve Bank data shows a growing split in borrower strategies as the Official Cash Rate nears its potential trough.
More homeowners are considering longer-term fixed rates for certainty, weighing this against the potential for lower rates later. Meanwhile, first home buyers are actively using low-deposit lending, though new Debt to Income (DTI) ratio limits are becoming a factor for some.
Author
Discover More
A bespoke Mid-century masterpiece in the heart of Titirangi
Bespoke 4-bed mid-century architectural masterpiece in Titirangi bush, complete with a sauna, plunge pool, and privacy.
From bus commute to $10,000 an hour: How last year’s Hunt for the Hundy winner scored $100k
George spent 20 mins a day playing Hunt for the Hundy on Trade Me Property and won $100k. Here is how he spent it.
Search
Other articles you might like
