Home loan rates will likely rise a bit in 2018 but are not expected to take a big jump up, experts believe.
Reserve Bank data shows average fixed-rate mortgages rose by between 11 and 17 basis points between December 2016 and October 2017.
On a $350,000 mortgage fixed for two years over a 25-year term the increase was equivalent to an extra $22 a month.
But it was lower than had been expected. Read the full story here.
CPIA Marketing
The Marketing Manager at CPIA helps readers learn the ropes of property investing and provides insights into investing in Canterbury and New Zealand.