September 24: Housing report: Mortgage rate curve steepening Video

Bernard Hickey delivers a Housing report in association with ASB on how falling variable mortgage rates and rising longer term fixed mortgage rates is steepening the rate curve, forcing many borrowers to think about breaking a habit of a lifetime and go short rather than long. Here is a link to an interactive chart showing the differences between 5 and 1 year rates, and between 2 year and variable rates.
http://www.interest.co.nz/charts/gallery7-65.asp

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Author: ASBhousing; Uploaded: Sep 23, 2009; Duration: 2:50; Views: 12

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