first home buyer advice

[kiora]

I 2nd what Iceman says about fixing.Ever since GFC I only fixed 25 % of the mortgage once and that was for 6 months only when inflation looked like picking up around 3-4 years ago.
My view is fixing is putting yourself more at risk than not fixing

[iceman]

I 2nd what Iceman says about fixing.Ever since GFC I only fixed 25 % of the mortgage once and that was for 6 months only when inflation looked like picking up around 3-4 years ago.
My view is fixing is putting yourself more at risk than not fixing

Or fix 1 year at a time as those rates are constantly significantly lower than floating

[kiora]

Believe this or not
https://www.interest.co.nz/business/...risis-lowering
Check out Fig 10 for forecast.Ouch for savers.

[macduffy]

Believe this or not
https://www.interest.co.nz/business/...risis-lowering
Check out Fig 10 for forecast.Ouch for savers.

Some of these economists seem determined to drive us into negative rates territory.