𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 𝗮𝘀 𝗮 𝗕𝗼𝗿𝗿𝗼𝘄𝗲𝗿 🦜

〽️ In times of heightened uncertainty, it's crucial to adapt. Here are some key takeaways following the 9 April OCR announcement:

⏭️ Fixed Mortgage Rates: Opting for medium to long-term fixed mortgage rates can provide stability by eliminating volatility in cash flows, allowing you to focus on other financial impacts.

⏭️ Market Instability: The election of Trump introduced significant risk, affecting equities and causing market adjustments. This heightened risk is expected to persist throughout his term.

⏭️ Interest Rates and Inflation: Recent declines in US rates and pressures from the NZIER survey indicate potential for lower inflation and interest rates. However, business cost pressures remain, suggesting future inflation risks.

⏭️ Monetary Policy: The Reserve Bank's decision to cut the official cash rate by 0.25% yesterday reflects the current economic uncertainty. Future rate cuts are possible if the international economic environment worsens.

⏭️ Borrowing Strategy: ❗Consider fixing mortgage rates for two years at 4.99% but stay alert for upcoming short term rate reductions. 

❗Note: As of 10 April 2025, most NZ banks have not adjusted their fixed rates since 9 April OCR reduction. Prior to fixing your loan, talk to us first as not all borrower situations are the same and short-term rates may move in the next week.

Stay informed and make decisions that best suit your financial situation at www.keamortgages.co.nz 

#Mortgages #FixedRates #Refix