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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
The Flip Side
4 mins to read

Sitting ducks: Homeowners brace for ‘jaw-dropping’ interest rates

OPINION: As Reserve Bank grapples with inflation, property owners face shocking rises in mortgage servicing costs.

NBR senior journalist Maria Slade speaks with Hamish McNicol.

Maria Slade Wed, 23 Nov 2022

Homeowners with big mortgages or small business owners who’ve bet the house on their endeavours could be forgiven for feeling like ducks on a farmer’s pond in May.

As the Reserve Bank prepares to deliver what may be the biggest hikes in the Official Cash Rate (OCR) in two decades, close to half

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Contact the Writer: maria@nbr.co.nz
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Sitting ducks: Homeowners brace for ‘jaw-dropping’ interest rates
The Flip Side,
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