Quote Originally Posted by newbietrader View Post
would you get into rental property with 10% deposit and knowing the term deposit can go up high from next year to double digits? That includes floating rate up following the term rate.
Well the Reserve Bank reckon the OCR is set to stay around 2.5% for a while yet so I think it would be a brave person saying interst rates will be in double digits next year.

Buying a rental is of course a personal choice and there are lots of things to think about when making that decision. But if you are worried about interest rates heading to double digits next year you could look at locking in a five year mortgage at 8.3%