Kiwis seem confident loan rate rises have peaked
Kiwis seem confident loan rate rises have peaked
4 September 2024
ASB's latest housing confidence survey found 20 percent of respondents are picking interest rates will fall not rise - in the three months to July.
Senior Economist Kim Mundy says that figure is the highest since October 2020.
She says the view's strengthened - after last month's OCR cut.
Mundy says we're seeing the writing on the wall and rates will start to trend down.
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